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...

Asian markets open mix, Nikkei advances by 2%
Jan 27, 2016 03:27 am UTC| Commentary
A mix trend prevails in early Asian markets as the oil price bounce provided some movement. Japans benchmark Nikkei 225 index was 2.56% higher at 17,136.34, while the Topix index was up 2.58% at 1,395.36. In China,...

Central Banks around the world powerless to control headline inflation
Jan 27, 2016 02:21 am UTC| Commentary Central Banks
No central bank in the world is currently perceived to be in control of headline inflation and misguided. When Draghi says there are no limits to what the ECB can do to reinflate the Eurozone, hes playing to the press...