Central Bank of Russia likely to keep interest rate on hold in February, may cut in March
Feb 02, 2017 09:43 am UTC| Commentary Central Banks
The Central Bank of Russia is expected to keep the key interest rate on hold at 10 percent during its meeting on Friday despite the growth momentum being negative and inflation decelerating, noted Nordea Bank in a research...
German bunds bounce ahead of ECB President Draghi’s speech, retail sales
Feb 02, 2017 09:19 am UTC| Commentary
The German government bunds bounced Thursday ahead of the European Central Bank (ECB) President Mario Draghis speech scheduled for later in the day. Also, investors are looking forward to the release of December retail...
Singapore’s manufacturing PMI index rises again in January, GDP likely to grow 1 pct-2 pct in 2017
Feb 02, 2017 09:18 am UTC| Commentary
Singapores electronics and manufacturing PMI rose again in January. The manufacturing PMI rose 0.4 points to 51, while electronics PMI rose 0.6 points to 51.8. New orders index, production index and export orders all saw...
Mexico’s consumer sentiment likely to have dropped further in January
Feb 02, 2017 09:17 am UTC| Commentary
Mexican consumer sentiment is expected to have dropped further in January. Deteriorating expectations for business conditions has led to consumer sentiment dropping to its worst level in more than six years. Expectations...
U.S. auto sales decelerate in January, likely to remain firm on strong demand throughout 2017
Feb 02, 2017 09:16 am UTC| Commentary
Auto sales in the U.S. slowed in January 2017; however, they remain pretty firm. Auto sales reached 17.5 million units, as compared with the 18.3 million unit pace seen in December 2016 and the 17.8 million unit pace...
Briferendum Aftermath Series: UK government will release Brexit White Paper today
Feb 02, 2017 09:06 am UTC| Commentary
Theresa Mays government has won the approval to trigger Article 50 from the House of Commons with 498-114 majority votes and now in aconcession to some members of the parliament, Ms. Mays government will release a Brexit...
US Geo-Political Series: Muslim majority countries silent over Trump’s ban while world protests
Feb 02, 2017 08:46 am UTC| Commentary
While the liberals all around the world protestUS President Donald Trumps executive order signed last Saturday that halts immigration from seven war-torn Muslim-majority countries in the Middle East and North Africa,...
U.S. Appeals Court Allows Trump Administration to Enforce Medicaid Funding Ban on Planned Parenthood