Fitch criticises CBT’s delay in simplifying 3-rate corridor to one policy rate
Jan 26, 2016 09:00 am UTC| Commentary Central Banks
Turkey has been cautioned by Fitch that the Central Bank of the Republic of Turkeys delay in simplifying the 3-rate corridor to only one policy rate gives a negative picture. According to the rating agency, the development...
Yuan depreciation strains China property market
Jan 26, 2016 08:11 am UTC| Commentary Economy Real Estate
Since the beginning of the year, depreciation in Yuan rattled global markets. As of now, Yuan is trading at 6.57 per Dollar, down 1.25% this year and 6% in last six months. While some might consider depreciation of Yuan...
Singapore’s Q4 GDP likely to revised downward
Jan 26, 2016 07:48 am UTC| Commentary
Singapore December Industrial Production (I.P) dropped 7.9 percent y/y, in line with the consensus of -7.2 percent, while Novembers IP was revised down to -6.4% from -5.5%. Seasonally adjustment M/M gained 2 percent,...
Why OPEC-Russia cooperation not enough to push oil price higher for long?
Jan 26, 2016 07:31 am UTC| Commentary
There are little to speculate bullish from recent indication that Russias second largest oil producer Lukoil might be willing to cooperate with OPEC in production if political will present in Moscow. There are several...
Australia’s Q4 inflation likely to record seasonally adjusted gains of 0.4%
Jan 26, 2016 07:04 am UTC| Commentary
Australias inflation reading for Q3 was surprisingly weak at only 0.1% q/q in seasonally adjusted terms, and at 0.4% and annualised rate. Inflation reading in Q4 is likely to be slightly stronger, with seasonally adjusted...
OPEC chief calls for cooperation to prevent price decline
Jan 26, 2016 07:00 am UTC| Commentary
As oil price retrace back Fridays 10% gains for the past two days and dropped below $30/barrel again, OPECs Secretary General Abdalla El-Badri, called for cooperation among OPEC and non-OPEC producers. North American...
Jan 26, 2016 05:44 am UTC| Commentary
Bank of England Governor Carney will give a speech today, and along with other members of the central banks Financial Policy Committee is expected to concentrate on the UKs financial sectors resilience. Carney is also...
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