Russian GDP likely to decline this year, recession may last until early 2017

Sep 20, 2016 08:57 am UTC| Commentary Economy

Economic growth in Russia is expected to decline in 2016 and next year, before returning to growth in 2018 and the years ahead. However, the ongoing recessionary phase is expected to last until early 2017 as activity in a...

Global Geopolitics Series

European Refugee Crisis: Merkel regrets her refugee stance publicly

Sep 20, 2016 08:30 am UTC| Commentary

After the worst performance in the history by her party, Christian Democratic Union (CDU), in the state election of Berlin, German Chancellor Angela Merkel was literally looking exhausted. On Monday, in a press conference,...

ECB speeds up purchase of corporate bonds

Sep 20, 2016 07:37 am UTC| Commentary Economy Central Banks

To the astonishment of most of the analysts, the European Central Bank (ECB) has ramped up its purchase of corporate bonds under its quantitative easing program. Since July, European Central Bank (ECB) has on an average...

Polish GDP to grow in between 3 - 3.5 pct in 2016, NBP likely to keep rates stable in near future

Sep 20, 2016 07:26 am UTC| Commentary

The Polish economic prospects continue to be good. For the whole of this year, the Polish economic growth is likely to accelerate to 3 percent to 3.5 percent, according to KBC Market Research. Apart from lower interest...

Indian bonds trade narrowly mixed as investors await FOMC meeting

Sep 20, 2016 07:15 am UTC| Commentary

The Indian bonds traded narrowly mixed Tuesday as debt market remained volatile ahead the Federal Open Market Committee monetary policy meeting, scheduled to be releasedon Wednesday. The yield on the benchmark 10-year...

Australia Q2 house prices snap six-month fall, raises policy concerns for the RBA

Sep 20, 2016 07:12 am UTC| Commentary Economy

House prices in Australia during the second quarter of this year, raising policy concerns for the Reserve Bank of Australia (RBA), as it tries to stimulate economic growth at the end of a long mining-investment boom...

Hungarian central bank likely to keep policy rate unchanged at 0.9 pct

Sep 20, 2016 07:11 am UTC| Commentary

The Hungarian central bank, MNB, expected to keep its policy rate on hold at 0.9 percent during the MPC meeting today, according to Commerzbank. The central bank is unlikely to provide any hints about future policy change...