Mexico’s industrial output likely grew in January as manufacturing rebounds

Mar 10, 2016 11:57 am UTC| Commentary

In 2015, Mexicos industrial production was disappointing, and it slowed further in Q4. Industrial output had grown 1% in 2015, as compared with 2.6% growth in 2014. One part of the slowdown was because of slowdown in...

Polish central bank to hold key rates steady

Mar 10, 2016 11:35 am UTC| Commentary Central Banks

The National Bank of Poland is likely to keep its key interest rate on hold at 1.5% tomorrow, while the updated inflation report is not expected to show any change to the current monetary policy. The central banks report...

What will ECB do today: Analysts’ calls at big investment banks

Mar 10, 2016 11:27 am UTC| Commentary Central Banks

Our expectations are in sharp contrast to expectations from big investment banks. As situation has improved both in inflationary terms globally and financial markets, oil price edged up, along with industrial commodities...

Banking stocks likely to plunge if ECB cut rates further

Mar 10, 2016 10:36 am UTC| Commentary

Quantitative easing, while seen as positive for equities, recent reactions after Bank of Japan (BOJ) introduced negative rates suggest, negative rates may not be a very good option to execute. Weeks back, executive board...

Norway’s inflation accelerates above expectations in February on higher food and air prices

Mar 10, 2016 10:36 am UTC| Commentary

Norways core inflation accelerated to 3.4% in February, as compared with 3% in January and consensus expectation of 3.1%. Food prices grew 3.4% m/m, accelerating core inflation on year-on-year basis by 0.2 percentage...

Denmark’s inflation drops in February, likely to decelerate further in short term on base effects

Mar 10, 2016 10:20 am UTC| Commentary

In February, Denmarks inflation increased 0.3% y/y, as compared with 0.6% in January and consensus expectation of 0.5%. Denmarks inflation in the shor term is likely to decelerate further as the base effects from declining...

India’s total foreign reserves higher, but liabilities higher too

Mar 10, 2016 10:02 am UTC| Commentary

By late February, Indias total foreign reserves fell to USD 346bn, after a brief jump and down by around USD 8.6bn from its record peak in mid-2015. The authorities presence to curb rupee volatility and currency valuation...