Russia’s productive capacity investment seen at -5.7% in December
Jan 27, 2016 09:40 am UTC| Commentary
Russias fixed asset investment performance has likely eased as oil prices deteriorated over past couple of months. The average capacity utilisation across the mining and manufacturing industries dropped at 62.5%, with...
Russia’s central bank likely to keep interest rate unchanged
Jan 27, 2016 09:31 am UTC| Commentary
The upcoming meeting of the Bank of Russia might see holding key interest rate. The topics that will be closely watched are the outlook of the interest rate and the scenario the central bank will use to measure its...
Riksbank likely to lower rates to -0.45% in February
Jan 27, 2016 09:02 am UTC| Commentary Central Banks
Swedens December producer prices dropped 0.7% m/m and 1.9% y/y. Imported consumption goods prices dropped slightly to 3.1% in December from 3.4% in November. However, the year-on-year figures is largely expected to decline...
Negative implications of lower oil price dominate market worries
Jan 27, 2016 09:01 am UTC| Commentary
In 2016, oil prices have declined to the lowest level since the beginning of 2000s. Actually the decline of oil prices should be positive news for the global economy. The drop in oil prices mainly due to excess supply is a...
Industrial profit and rail freight both point to no recovery in Chinese economy
Jan 27, 2016 08:56 am UTC| Commentary Economy
According to latest data available, Chinas Industrial profit dropped by 4.7% in December from a year ago. It had fallen 1.4% in November and record 8.8% in August. Latest GDP reading shows, economy grew at 6.9% in 2015,...
Japanese small business confidence drops to worst in seven months
Jan 27, 2016 08:54 am UTC| Commentary Economy
Amid global market turmoil in the world and weakness in China, Japanese small business confidence started the year in downbeat note, data compiled by Shoko Chukin Bank shows. The reading is an important gauge of...
U.S. New home sales growth seen strong in 2015
Jan 27, 2016 08:15 am UTC| Commentary
The number of newly construction buildingsgoing to contract in the U.S. are expected to increaseby 5.1 percent to a seasonally adjusted annual rate of 515000, marking thestrongest sales activity since February 2015, says...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects