Domestic demand in Malaysia to be weak in 2016, inflation likely to accelerate

Apr 05, 2016 10:34 am UTC| Commentary

The balance of risks for Malaysia is tilted towards fiscal slippage and growth disappointment in 2016, while inflationary pressures are of secondary concern, according to ANZ. Private consumption is expected to moderate...

For Kiwi, focus is on Dairy auctions today

Apr 05, 2016 10:21 am UTC| Commentary

New Zealand Dollar, riding on weaker Dollar and recent improved sentiments towards commodities broken above a key resistance around 0.69 area. However that break has so far been short lived as Dollar has snapped back its...

Briferendum Series

Briferendum Series: Brexit will hit Sterling in UK, bond-spreads in EU

Apr 05, 2016 10:18 am UTC| Commentary

We have iterated many a times, Brexit is not doomsday for UK alone, it will be equally (likely to be more) painful for the European Union. But we guess, with all the buzz surrounding sterling, we guess another reminder is...

Philippine inflation to average 1.9% in 2016 on persistent lower oil prices

Apr 05, 2016 09:55 am UTC| Commentary

In March, Philippiness headline inflation accelerated slightly to 1.1% y/y after slowing in the past two months. Meanwhile, core inflation remained at 1.5%, even though the core prices increased 0.1% m/m nsa. The rise in...

German Bunds jump on weak factory orders

Apr 05, 2016 09:23 am UTC| Commentary

German 10-year bond yields fell for the first time in almost a year on Tuesday as the biggest fall in the countrys factory orders in 6-months suggested a global slowdown was leaving its mark on Europes powerhouse economy....

Swedish service sector weakens in February, Q1 GDP growth to slow markedly

Apr 05, 2016 09:15 am UTC| Commentary

In February, production in Swedens service sector fell on monthly and also on annual basis. It was much lower than projection. Admittedly, service sector production has been unexpectedly weak in recent months. But, figures...

RBI lowers repo rate by 25bp on external concerns, unlikely to lower further in 2016

Apr 05, 2016 08:36 am UTC| Commentary Central Banks

The Reserve Bank of India lowered its repo rate by 25bp to 6.5%, on par with market expectations. However, the central bank surprisingly raised the reverse repo rate by 25bp to 6%, which narrows the policy rate corridor to...