China Crisis Series

China's fixed urban investment sees lowest growth rate in 16 years, highlights a fragile recovery

Jun 14, 2016 14:00 pm UTC| Commentary

Chinese data on urban investment growth in May surprised as it moved downwards. Fixed urban investment growth fell to 9.6 percent y/y year-to-date (year-to-date) from 10.5 percent y/y (year-to-date) in April. While still...

EU gets chinks in its armor as citizens disillusioned with integration

Jun 14, 2016 13:57 pm UTC| Commentary

A recently carried out survey by Pew Research Centerin ten European countries shows that majority of Europeans want their governments tofocus more towards solving the problems of their respective nations instead of helping...

China Crisis Series

IMF calls on China to speed up financial reform in order to avoid systemic debt problems

Jun 14, 2016 13:37 pm UTC| Commentary Economy

Speaking in Beijing, the International Monetary Fund (IMF) deputy MD Lipton commented on the Chinese economy and said the countrys corporate debt is growing at a fast pace. He urged the authorities to speed up financial...

Briferendum Series

Brexit to hurt capital flows into India, Indian MNCs to suffer setback

Jun 14, 2016 13:31 pm UTC| Commentary Economy

The United Kingdoms referendum scheduled to take place on June 23 that will determine whether UK Remains or Leaves the European Union is likely to hit the Indian sub-continent as well, affecting capital flows amid an...

CHF likely to depreciate slightly against EUR in H2 2016

Jun 14, 2016 13:21 pm UTC| Commentary

The Swiss franc has risen bymore than twopercentagainst the euro since May-end, pushing the EUR/CHF pair down from more than 1.11 to about 1.085. Increased political uncertainty in the near term throughout the EU is...

USD/JPY likely to move upward to 115 by 2016-end

Jun 14, 2016 13:18 pm UTC| Commentary

Recently, the USD/JPY pair has touched both the extremes of its range of 105-112. The pair moved upward from below 106 to a high above 111 through May. But Japan PM Abes decision to postpone the hike in Japans consumption...

Construction, consumption likely to drive Finnish economy in 2016

Jun 14, 2016 13:15 pm UTC| Commentary

Construction and consumption are expected to mainly drive the Finnish economy in 2016. The economy is likely to grow 1.2 percentin this year. Domestic demand has been more robust that projected; however, consumption is...