Czech economic growth expands in Q2 on robust foreign demand, stable household consumption
Sep 02, 2016 12:41 pm UTC| Commentary
The Czech Republics economic growth rose 0.9 percent in sequential terms, seasonally adjusted, according to a refined estimate released by Czech Statistics Office. In annual terms, the economy expanded 2.6 percent. Stable...
PBoC likely to stay neutral for an extended period to avoid potential financial bubbles
Sep 02, 2016 12:30 pm UTC| Commentary
The Peoples Bank of China is expected to stay neutral for an extended period of time, in order to avoid potential property and financial bubbles. The corridor of 7-day repo rate is targeted to centre around 2.25 percent...
US August non-farm payroll preview
Sep 02, 2016 12:12 pm UTC| Commentary Central Banks Economy
Today NFP report for the month of August is to be published at 12:30 GMT from US. What is NFP report? NFP or non-farm payroll report is the monthly statistics on labor condition in the US released by US department...
Thailand’s current account surplus consistent since 2014, unlikely to narrow down
Sep 02, 2016 11:59 am UTC| Commentary
Thailands current account (C/A) balance has been consistently in a surplus since end- 2014. Recent comments from several Bank of Thailand (BOT) officials have reiterated the central banks growing discomfort with a stronger...
Fed rate hike odds climb ahead of NFP
Sep 02, 2016 11:51 am UTC| Commentary Central Banks
From just 12 percent in July, the probability of a rate hike from the U.S. Federal Reserve has risen to 60 percent. Several hawkish speeches by FOMC members at Jackson Hole Symposium in August pushed the probability higher...
China’s economic growth likely to moderate in H2, inflation faces upside risk
Sep 02, 2016 11:47 am UTC| Commentary
The Chinese economic growth is expected to moderate in the second half of 2016, despite the seemingly stable growth momentum in China, said Nordea Bank in a research note. This is because the support from monetary easing...
Negative interest rate policy raise doubts over impact on capital markets, IMF defends ECB’s policy
Sep 02, 2016 11:36 am UTC| Commentary
The negative interest rate policy has aroused doubts over the potential impact on capital markets; the debate about whether a negative interest rate policy (NIRP) helps or hinders the transmission mechanism of monetary...