Oil in Global Economy Series

Oil In Global Economy Series: Production freeze, shale swing and pinch of salt

Mar 22, 2016 11:04 am UTC| Commentary

Global oil market watchdog, International Energy Agency (IEA) in its last report indicated that oil price may have bottomed out and cited recent negotiations and agreement between OPEC and non-OPEC producers, which led to...

UK GDP and employment growth likely to slow in H1 2016 on increased uncertainties ahead of EU referendum

Mar 22, 2016 11:04 am UTC| Commentary

In Q4, the UK economy expanded 0.5%, mainly due to government and consumer spending, while exports and investments both contracted. However, both employment and GDP growth is expected to slow in the first half of 2016 due...

Japan’s inflation likely pushed up in February, but likely to decelerate later

Mar 22, 2016 10:05 am UTC| Commentary

In February, Japans CPI, excluding fresh food, is expected to have grown 0.3% y/y after stalling in January. Inflation is helped being pushed up by factors such as passing on of price rises to products due to cost-push...

Briferendum Series

Moody’s threatens UK credit rating over budget

Mar 22, 2016 09:26 am UTC| Commentary

Sterling sorrow is just not getting over. After blasts in Brussels, which is likely to weaken pro-campaigners and strengthen exit calls, credit rating agency has warned on UKs rating over budget, adding fresh pressure on...

French March flash PMI grows, hints at growth in private sector output

Mar 22, 2016 09:25 am UTC| Commentary

Frances flash PMI data for March hints that the countrys private sector output grew in the month after declining in February. The Markit Flash France Composite Output Index rose 51.1 from Februarys 49.3. Manufacturing and...

Danish economy to expand below 1% in 2016, DN likely to keep rates on hold throughout 2016

Mar 22, 2016 08:49 am UTC| Commentary

Denmarks GDP growth rebounded slightly after the very weak data recorded in Q3 2015. However, the economy is likely to grow below 1% for 2016 as a whole. Nevertheless, employment growth continues to be strong, with private...

Belgium blasts trigger risk aversion, bad for Pound

Mar 22, 2016 08:41 am UTC| Commentary

Multiple explosions in Brussels Airport, which is capital city of Belgium, home to European parliament, headquarter of NATO has triggered a risk aversion in financial markets. As of latest reports, two explosions have hit...