Euroarea headline inflation likely to accelerate above 1 pct in January 2017

Dec 02, 2016 08:26 am UTC| Commentary

Euro areas consumer price inflation has remained positive for five straight months and is likely to continue to accelerate until February 2017. It is expected to rise above 1 percent in January for the first time since...

U.S. payroll gains likely to have stayed healthy in November

Dec 02, 2016 07:32 am UTC| Commentary

U.S. payroll gains are expected to have stayed healthy in November. Nonfarm payrolls have averaged 181,000 so far in 2016, decelerating from 2015s average rise of 229,000 but strong enough to stimulate the U.S. Feds...

Australia Q3 GDP likely to witness sharp slowdown, to remain below RBA’s implied forecast

Dec 02, 2016 07:05 am UTC| Economy Commentary

The third-quarter gross domestic product of Australia, scheduled to be released next week is expected to show a sharp slowdown, with the preliminary estimate being flat q/q growth. Also, it is likely to remain below the...

Fundamental Evaluation Series

Fundamental Evaluation Series: Long-term yield spread vs. EUR/GBP

Dec 02, 2016 07:04 am UTC| Commentary

In our previous review back in August, we showed that the long-term yield difference between the German bund and UK gilts are somewhat going hand in hand with the EUR/GBP exchange rate. And we suggested that further upside...

Private consumption, rebound in non-residential investments to drive U.S. economy in coming quarters

Dec 02, 2016 06:51 am UTC| Commentary

In the third quarter of 2016, the U.S. economic growth improved after recording three weak quarters of growth from the fourth quarter of 2015 to the second quarter of 2016. The economy expanded 2.9 percent...

JGBs slide following overnight drop in U.S. Treasuries; 10-year yields hover at February high

Dec 02, 2016 06:37 am UTC| Commentary

The Japanese government bonds plunged Friday as investors moved away from the safe-haven buying amid weakness in the U.S. debt market. The benchmark 10-year bond yield, which moves inversely to its price, rose 1 basis...

Global economy shows positive signs of development while entering 2017

Dec 02, 2016 06:33 am UTC| Commentary

In 2015 and most of this year, the global economy was on a weak and diverging path. The U.S. faced challenges from the declining oil price, whereas Europe has been caught in the mud due to political uncertainty and EM...