China’s weak trade data shows challenging demand environment for exports in 2016
Mar 08, 2016 07:14 am UTC| Commentary Economy
Chinas exports fell 17.9% y/y for January-February period, the lowest since 2012. The countrys shipment to all major markets witnessed wide weakness. Chinas exports to ASEAN nations shrank the most. The countrys exports...
FxWirePro: Pound may end its longest consecutive rise in 10 months
Mar 08, 2016 07:03 am UTC| Commentary
Short covering, broad based weakness in Dollar and risk affinity that has so far boosted GBP/USD, may lose its steam going ahead. Todays release of weaker than expected trade balance and worst slump in Chinas exports...
German economic growth forecasts for 2016, 2017 likely to slide as leading indicators decline
Mar 08, 2016 06:45 am UTC| Commentary
Leading indicator for Germany continues to be in the negative territory and hence hints at a poorer economic environment for the economy than a year ago. This implies a further drop in Commerzbanks sentiment indicators...
FxWirePro: Copper hits target, further upside possible`
Mar 08, 2016 06:16 am UTC| Commentary
We at FxWirePro fundamental hasnt been much of a bull in copper, since we expect weakness in Chinese economy likely to weigh on Copper over the medium to long term. However, like we always mention that may not prevent a...
China manages to ease outflows but CNY likely to weaken against USD in 2017
Mar 08, 2016 05:57 am UTC| Commentary Central Banks
Chinas capital outflows have alleviated significantly based on the countrys currency reserve data. Chinas reserves in February declined just USD28.6bn. This is widely similar in valuation-adjusted terms as currencies did...
South African current account deficit likely widened in Q4 2015
Mar 08, 2016 05:15 am UTC| Commentary
South Africas SARBs March Quarterly Bulletin (QB) is due to be released today. One of the important area of the QB is the national accounts that details the demand-side GDP data. The production-side GDP data that was...
Guide to today’s important data and events
Mar 08, 2016 04:18 am UTC| Commentary
Lot of economic dockets scheduled for today, some with high risks associated. Data released so far UK - BRC retail sales grew 0.1% in February, compared to 2.6% growth in January. Australia - National...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects