Why EM assets may gain more grounds?

Mar 21, 2016 09:43 am UTC| Commentary

If you are a contrarian investors, then emerging market assets may just suit your appetite. This year so far, emerging market assets have returned quite well, compared to developed market peers. For example, German...

Currency War Series

Egypt Devaluation Positive, Economic Challenges Remain 

Mar 21, 2016 09:36 am UTC| Commentary Economy Central Banks

Decisions by the Central Bank of Egypt (CBE) last week, including a devaluation of the Egyptian pound, are broadly credit positive but the country faces a difficult year of slower growth, high inflation and large financing...

France unlikely to meet budget deficit target of 3% of GDP in 2017

Mar 21, 2016 09:29 am UTC| Commentary

Frances Finance Minister Sapin had stated in early March that the nations public deficit for 2015 will be below 3.8% of GDP, as compared with 3.9% in 2014. The rebound in 2015s public deficit is due to a sharper decline in...

Renminbi Series

Renminbi series: Chinese property market, recovering or overheating?

Mar 21, 2016 08:59 am UTC| Commentary Real Estate Economy

Since mid-last year, property prices in China is going through steady rise in prices. According to latest data overall property prices are up 3.6% in February. This price rise has been steady since mid of last year and...

Germany’s Ifo business climate index likely recovered slightly in March

Mar 21, 2016 08:52 am UTC| Commentary

Germanys Ifo business climate index for March is likely to rise somewhat to 105.8 from Februarys 105.7. The index continues to be at a historically high level; however, expectations have been hit considerably in recent...

Taiwan’s central bank to lower key interest rates to support economic growth

Mar 21, 2016 08:02 am UTC| Commentary Central Banks

(Edited to properly credit DBS Bank Group Research) On Thursday, Taiwans central bank, CBC, will review its monetary policy, where it is likely to lower its rates by 12.5bps, the third such move since September 2015,...

Oil in Global Economy Series

Further gains in oil prices to be tempered by near-term oversupply

Mar 21, 2016 07:44 am UTC| Commentary

Crude oil prices are expected to decline due to near term oversupply after surging more than 45% from their January lows. In Q2, supply is likely to surpass demand by almost 1.3mb/d. This will further add to the already...