China’s FX reserves likely unchanged at February end

Mar 04, 2016 12:30 pm UTC| Commentary

Chinas FX reserves are expected to have remained greatly unchanged at $3,230bn at the end of February 2016. The yens and euros appreciation against the US dollar has added more than $10 billion to the valuation of...

Dutch consumer spending likely to accelerate in 2016 but growth likely to drop back in 2017

Mar 04, 2016 12:14 pm UTC| Commentary

The Netherlands is expected to witness acceleration in consumer spending in 2016. However, with temporary factors declining in 2017, growth is likely to slow again in 2017. Conversely, export growth is likely to recover in...

Fed Hike Aftermath Series

FED Hike Aftermath Series: inflation expectation rises sharply

Mar 04, 2016 11:54 am UTC| Commentary Central Banks

When it comes to inflation, we at FxWirePro, arent much of a dove. In the longer run, we expect all these central bank stimulus will eventually lead to higher inflation. So far, only thing that has been preventing such...

RBNZ likely to keep rate unchanged next week

Mar 04, 2016 11:47 am UTC| Commentary

The Reserve Bank of New Zealand, in January, had lowered the OCR below 2.5%. However, the timing of cuts continues to be in question. A weak global outlook, continued softness in inflation expectations and inflation, and...

Recovery in Sweden’s manufacturing production likely to continue in near term

Mar 04, 2016 11:33 am UTC| Commentary

Swedens manufacturing production in January rebounded slightly, rising 0.6% m/m and 4.6% y/y. It was lower than consensus expectations. Order intakes did not rebound from the considerable decline in December, remaining...

Fed Hike Aftermath Series

FED Hike Aftermath Series: Market just shy of pricing a September hike

Mar 04, 2016 11:02 am UTC| Commentary Central Banks

Market mood seems to have changed. We are getting lot of evidence of such. We had expected a much larger correction this time around and fundamentally speaking it was due but it seems the bears or the correction callers...

China Crisis Series

Oil in Global Economy Series

China’s oil consumption intensity unlikely to converge peers

Mar 04, 2016 10:51 am UTC| Commentary

Currently, China is the second largest oil consumer in the world, after the US. Chinas oil consumption per capita rises until a certain point of development and then flattens out. However, while climbing, oils consumption...