South Korean economy likely to grow 2.5% y/y in 2016, 2.4% y/y in 2017
Jan 26, 2016 05:28 am UTC| Commentary
South Koreas Q4 2015 GDP growth slowed to 0.6% in seasonally adjusted terms, according to the advance estimate. The advance estimate is on par with Barclays forecast for a growth rate of 0.7% and consensus expectation of...
Financial market turmoil leads to dry IPO market
Jan 26, 2016 04:56 am UTC| Commentary
Recent financial market turmoil, which wiped out more than $15 trillion from global stock markets is leading to bone dry in IPO market. Private equities, angel investors are shelving their plans for IPOs as current market...
Mexico’s jobless rate likely to remain above pre-crisis level in 2016
Jan 26, 2016 04:35 am UTC| Commentary
Mexicos December jobless rate was recorded at 4.4% in seasonally adjusted terms; higher than forecast and from Novembers recording of 4.2%. According to a report, the decrease in employment was possibly countered by a drop...
Guide to today’s important data and events
Jan 26, 2016 04:18 am UTC| Commentary
Few economic dockets scheduled for today and all with low risks associated. Upcoming - Switzerland - Trade balance for December will be released at 7:00 GMT. UK - Bank of England (BOE) governor Mark Carney is...
Asian markets open is red, Oil prices down by more than 1%
Jan 26, 2016 04:15 am UTC| Commentary
Asian markets are marginally down on Tuesday as market is now focusing on BOJ meets due later this week. Recent free fall of Oil prices, make the investors to shift their focus on safe havens assets. Australian banks...
Developed markets and Asian government bond yields generally down since Fed liftoff
Jan 26, 2016 02:59 am UTC| Commentary
Asian government bond yields and developed markets are largely down since Fed liftoff in December. Much of this came on the back of a selloff in equity markets and increasing concerns on the Chinese economy. US and UK...
A dovish Bank Indonesia to remain cautious
Jan 26, 2016 02:45 am UTC| Commentary Central Banks
Bank Indonesias (BI) recent string of dovish statements has fueled expectations of an aggressive policy loosening this year.The indications are clear that BI will lower its interest rates further, including the reserve...
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