Bank of Russia to keep key interest rate on hold

Mar 15, 2016 12:44 pm UTC| Commentary Central Banks

The Russian central bank, during its monetary policy meeting on Friday, is likely to keep its key ate on hold at 11%. The stronger RUB and depreciating RUB volatility are opening space for a softer stance by the central...

Metal Supply & Demand Series

Aluminium price rally unsustainable as China’s production likely to increase significantly

Mar 15, 2016 12:43 pm UTC| Commentary

Since mid-January, aluminium prices have grown 7.8%. Only zinc has surpassed this rally that grew 22% in the same period. Even though the recent recovery in prices of metals is largely a technically driven move and not in...

Emerging Market Crisis Series

Global economic growth prospects improved slightly on developed markets’ economic activity

Mar 15, 2016 11:09 am UTC| Commentary Economy

The climate of global economic uncertainty is fading. The initial weakness seen in Q4 reports of global growth has been slightly moderated by subsequent revisions. In recent weeks, the tracking of Q4 growth has increased...

Non-Performing Loans are global concern

Mar 15, 2016 11:00 am UTC| Commentary

Recently India has been in news in relation to non-performing loans at banks, which has reached in some banks more than 10%. After Reserve bank of India (RBI) forced bank to recognize non-performing loans (NPL) and asked...

BoE to stand pat at Thursday's policy meet, rate hike bets pushed back to early 2017

Mar 15, 2016 10:48 am UTC| Commentary Central Banks

Bank of Englands monetary policy meet is scheduled for Thursday, 17th March, a day after the new budget is delivered, and the central bank will undoubtedly retain interest rates at current record lows as the UK economic...

Poland records current account surplus in January despite sharp slowdown in exports

Mar 15, 2016 10:15 am UTC| Commentary

Polands current account moved further into surplus territory in January, rebounding sharply in spite of a sharp slowdown in exports. Current account reached EUR 717 million in January 2016 as compared with January 2015s...

Today’s dairy auction likely to be key influencer of Kiwi

Mar 15, 2016 10:12 am UTC| Commentary

Performance of Kiwi has lagged its other commodity peers such as Australian Dollar and Canadian Dollar, largely due to further rate cuts of 25 basis points by Reserve bank of New Zealand (RBNZ). Aussie this year is up 2.5%...