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...
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...