Oil in Global Economy Series

Oil in Global Economy Series: Production level dispute likely to damage freeze deal

Oct 18, 2016 08:11 am UTC| Commentary

OPEC members, to the surprise of many, were able to strike a production freeze deal in September to keep a lid on production and keep it between 32.5 million barrels to 33 million barrels. At the time of the deal, OPEC was...

Poland’s industrial production growth seems to have decelerated in September

Oct 18, 2016 07:20 am UTC| Commentary

Polands industrial production growth is likely to have decelerated in September. According to a Societe Generale research note, industrial output is expected to have slowed from 7.5 percent year-on-year in August to 4.5...

U.K. consumer prices likely to rise in September, following lower energy prices

Oct 18, 2016 07:17 am UTC| Commentary Economy

Consumer prices in the United Kingdom are expected to have risen during the month of September, largely owing to the downward contribution from lower energy prices. Also, inflationary pressures have increased in the recent...

Indian bonds rally on RBI’s further easing hopes; ideal time to go long

Oct 18, 2016 07:16 am UTC| Commentary

The Indian government bonds rallied Tuesday as lower inflation due to normal rainfall after three successive years offered space to the Reserve Bank of India to lower the repo rate further in its upcoming monetary policy...

Russian fiscal deficit likely to surpass 3.7 pct of GDP this year, says Finance Minister

Oct 18, 2016 07:09 am UTC| Commentary Economy

Russias Finance Minister Anton Siluanov stated yesterday that the budget for 2016 might surpass 3.7 percent of GDP, thanks to the carry overs from 2015 not being used. According to Siluanov, the carryovers worth RUB 200...

SAR gains likely to remain solid, break above key 14.00 level seems unlikely, says RMB

Oct 18, 2016 07:07 am UTC| Commentary Economy

The recent gains in the South African rand (SAR) are expected to remain on a solid path, largely driven both by global economic moves as well as local issues. However, a break above the key 14.00 level seems unlikely for...

JGBs remain nearly flat in lackluster trade; likely to follow crude oil prices

Oct 18, 2016 06:46 am UTC| Commentary

The Japanese government bonds traded nearly flat Tuesday, succumbing to thin trading activity during a relatively quiet session that witnessed data of little significance. Also, investors now await the United States...