China’s new yuan loans exceed market expectations, mortgage lending remains key driver

Dec 14, 2016 10:39 am UTC| Commentary Economy

New yuan loans in China surged during the month of November, heavily beating market expectations, with mortgage lending being the key driver. Long-term household loans totalled CNY569.2 billion, accounting for 72...

German bunds rise on weak risk appetite, investors eye FOMC decision later in the day

Dec 14, 2016 10:30 am UTC| Commentary

The German bunds strengthened Wednesday as investors poured into safe-haven instruments amid losses in riskier assets including equities and crude oil. The yield on the benchmark 10-year bond, which moves inversely to...

Australia’s jobless rate and participation rate seem to have climbed in Q3

Dec 14, 2016 10:25 am UTC| Commentary

Australias recent labor market reports updates have been extremely volatile, particularly as far as the composition between part-and full-time employment is concerned, noted Societe Generale in a research report. Given...

China inflation unlikely to pick up significantly following timid pickup in consumer demand

Dec 14, 2016 10:17 am UTC| Economy Commentary

Consumer prices in China are expected to not pick up significantly in the near term, weighed down by little improvement in consumer demand. The sequential growth also indicates that underlying inflation pressure remains...

Malaysian ringgit likely to continue depreciating until end-2017, says Scotiabank

Dec 14, 2016 09:57 am UTC| Commentary

The Malaysian ringgit has been under strong depreciation pressure against the US dollar because of a broader emerging markets sell-off, since the U.S. presidential election. The MYR has depreciated by more than 5 percent...

India’s note-ban, GST reforms likely to be beneficial in the long-run, says S&P Global Ratings

Dec 14, 2016 09:32 am UTC| Economy Commentary

Indias corporates and banks are likely to face short-term downside risk as a demonetization-related cash crunch curbs the countrys GDP growth, according to SP Global Ratings. The ratings agency recently revised down its...

French consumer price inflation stable sequentially in November, accelerates slightly y/y

Dec 14, 2016 09:23 am UTC| Commentary

The consumer price index in France remained stable on a sequential basis in November. Seasonally adjusted, consumer price index rose 0.1 percent after stability in October. Meanwhile, on a year-on-year basis, the CPI...