Mexican economy likely to expand 0.6% q/q

Jan 27, 2016 22:26 pm UTC| Commentary Economy

Barclays has revised up the growth outlook for the Mexico from 0.2% to 0.6% in Q4 2015. According to the latest economic data, the Mexican economy expanded 0.1% m/m sa in November, stronger than expected (-0.4%) as result...

U.S. Budget Balance outlook

Jan 27, 2016 21:59 pm UTC| Commentary

According to the latest CBO projections, the U.S. budget deficit will rise from the equivalent of 2.5% of GDP in FY2015 to 3.7% of GDP in FY2020 and 4.6% in FY2025. The core condition behind this projection is GDP must be...

EUR/USD likely to provide unclear signal for the year ahead

Jan 27, 2016 21:15 pm UTC| Commentary

Since the beginning of the New Year, EUR/USD is trading range bound in between $1.0700 to $1.0950 levels. While looking at the current global conditions and free fall of oil prices, it is likely to move direction less. The...

Fed Hike Aftermath Series

Dovish Fed keeps its options open

Jan 27, 2016 20:30 pm UTC| Commentary Central Banks

As expected, the Fed expressed concern about the economic outlook due to the recent market turbulence. But it didnt rule out a rate hike in March. The Fed is expected to postpone the next hike from March to June. As...

FOMC takes center stage as market struggles with bellwether earnings reports

Jan 27, 2016 17:25 pm UTC| Commentary Central Banks

The Federal Reserve will wrap up their January meeting this afternoon, releasing a statement at 2 p.m. Despite the fact that the FOMC is widely expected not to increase rates at this time, there are still a number of key...

Currency War Series

BoJ to stay on hold while keeping a close eye on the market and foreign macroeconomic policies

Jan 27, 2016 17:17 pm UTC| Commentary Central Banks

The next BoJ monetary policy meeting is scheduled for 28-29 January. Since the last meeting, the risk scenarios the BoJ previously warned about have already started to materialize, before the upcoming meeting. We expect...

S.Korea exports likely to extend slump in January, inflation to ease

Jan 27, 2016 16:34 pm UTC| Commentary

South Koreas exports are likely to have extended their slump in January, while inflation is seen likely to have cooled on falling global oil prices. Global economy which shows little sign of improvement is likely to keep...