Taiwan’s January inflation accelerates on utilities

Feb 05, 2016 07:53 am UTC| Commentary

Taiwans inflation accelerated 0.81% in January, as compared with Barclays forecast of 1% and consensus expectation of 0.75%. Utilities mainly drove the rise in headline inflation. It had entered a low base in January 2015...

India’s Q3 FY16 GDP growth likely slowed over continued weakness in domestic and external demand

Feb 05, 2016 07:24 am UTC| Commentary

Indias Q3 FY16 GDP is forecast to expand by 7.3% y/y, slightly lower than Q2s growth of 7.4%. The persistent weakness in domestic and external demand is expected to have depressed the overall growth in Q3 FY16 and that the...

China Crisis Series

China's new approach to fight outflow: loosening restriction on inflow

Feb 05, 2016 06:57 am UTC| Commentary

Chinas foreign exchange reserve shrank by $513 billion as capital account reversed course and Chinese policymakers have struggled to plug the outflow, part of which is foreign but large chunk of such is domestic money...

Currency War Series

Emerging Market Crisis Series

Bank of Mexico holds interest rate, peso’s recent depreciation major threat to inflation

Feb 05, 2016 06:43 am UTC| Commentary Central Banks

The Bank of Mexico kept the interest rate unchanged at 3.25%, on par with expectations. The central bank, in its statement, acknowledges a decline in growth outlook, both domestically and globally, and looks at the recent...

Yuan strengthens before Chinese New Year

Feb 05, 2016 06:33 am UTC| Commentary

PBoC might have tighten its grip on Yuan today, last official day of trading in China before week long holiday begins on Monday. Due to New Year China will remain closed for the week and most travel home during this time....

Indonesian GDP, worst since 2008/09 crisis

Feb 05, 2016 06:07 am UTC| Commentary

Indonesia registered slowest pace of growth since the financial crisis, despite besting forecast and previous quarter. December quarter turned out brighter, with 5.04% y/y growth while economists were expecting around...

RBA maintains 2016 inflation and growth projections, lowers 2017 growth forecast

Feb 05, 2016 06:04 am UTC| Commentary Central Banks

The RBA has kept the key inflation and growth projections unchanged for 2016. It has moderately lowered its projections for 2017 growth to 2.5%-3.5% from its earlier estimate of 3%-4%. The central bank has kept its 2017...