U.S. Fed likely to remain on hold, may revise down 2016 GDP growth outlook
Sep 20, 2016 07:04 am UTC| Commentary Central Banks
The U.S. Fed is likely to refrain from hiking its interest rates tomorrow, according to Nordea Bank. The communication of the U.S. central bank has been ambiguous ahead of the upcoming FOMC meeting. Fed Chair Janet Yellen...
Eurozone likely to witness steady recovery this year, inflation to sharply pick up
Sep 20, 2016 07:01 am UTC| Commentary Economy
The eurozone economy is expected to witness a steady recovery this year but with downside risks on an unfavourable external environment, including post-Brexit uncertainty. Expectations of a sharper pick-up in 2017-18...

USD Libor would tighten further with a rate hike from Fed
Sep 20, 2016 06:45 am UTC| Commentary Economy
London Interbank Offered Rate (Libor) based on the U.S. dollar has already leaped to the highest level since the 2008/09 crisis and currently hovering around 0.86 percent (3-month). Compared to that, 3-month Libor based on...
Japanese bonds gain as investors cover previous short positions ahead of BoJ policy decision
Sep 20, 2016 06:36 am UTC| Commentary
The Japanese government bonds gained Tuesday as investors covered previous short positions following strong demand from the Bank of Japans bond-buying operation. Also, traders remained cautious ahead of the Bank of Japan...

Putin back in power with landslide victory
Sep 20, 2016 06:16 am UTC| Commentary Politics
In the election for thelower house of the parliament, on Sunday, the ruling United Russia party has won a decisive victory and the final results showed that it was better than predicted in the polls. The party secured...
U.S. home builder confidence surges in September, upward momentum likely to continue throughout 2016
Sep 20, 2016 06:09 am UTC| Commentary Economy
The NAHB/Wells Fargo Housing Market Index showed that the U.S. home builder sentiment surged in September by 6 points to 65, the highest HMI level since October 2015. The increase was widespread as builder confidence...
BSP likely to keep all policy settings on hold at September meeting
Sep 20, 2016 05:57 am UTC| Commentary Central Banks
The Philippines central bank, BSP, is likely to keep all its policy settings unchanged during its policy review meeting on Thursday, according to HSBC Global Research. The BSP stands out as a mainstay of stability amidst...