Market rally likely to be temporary
Jan 27, 2016 07:32 am UTC| Commentary
Certain factors might have led the market to perform better. Much lucidity from Chinas policy strategy and its aims, and proper coordination amongst oil producing economies will give some insight. Major central banks...
Inflation gives room to RBA for easing
Jan 27, 2016 07:14 am UTC| Commentary
Latest inflation reading, released today, for fourth quarter of 2015, shows Reserve Bank of Australia (RBA), still has room for further easing, if it do want to ease. According to the report, Inflation just edged up just...
Guide to today’s important data and events
Jan 27, 2016 06:31 am UTC| Commentary
Lot of economic dockets be released today. Focus is on FOMC. Data released so far - Australia - RBA trimmed mean CPI rose by 0.6% in fourth quarter, up 2.1% from a year ago. Upcoming - Germany - GFK...
China’s demand for metals likely to remain strong in 2016
Jan 27, 2016 06:12 am UTC| Commentary
Prices of base metal are being weighed on by sharp decline in oil prices and weak Asian stock markets. The decline in prices of copper and nickel can be much worse as the Chinese CSI 300 index dropped 6%. The Chinese...
Daily Economic Outlook—Jan 27, 2016
Jan 27, 2016 05:45 am UTC| Commentary
Todays upcoming FOMC policy announcement is likely to see a vote for no change after raising rates in December. Focus will be on the statement after the meeting, for hints on the expected near-term path for rates given the...
Australia’s headline CPI rises 0.4% in Q4
Jan 27, 2016 05:28 am UTC| Commentary
Australias Q4 headline consumer price index (CPI) rose 0.4%, as compared with markets and Westpacs projection of a rise of 0.3%. The nation reported annualised rate of 1.7% y/y, as compared with 1.5% y/y in Q3. The core...
Russia’s headline inflation likely to be 8.5%-9% y/y in H1 2016
Jan 27, 2016 04:48 am UTC| Commentary
Russias headline inflation had decelerated to 12.9% y/y by the end of 2015 from its peak of 16.9% y/y in Q1 2015. The expected disinflation did not happen as fast as initially planned by authorities and assumptions as it...
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