It’s a gloomy picture on the data front in Singapore
Jan 26, 2016 02:28 am UTC| Commentary
Singapores industrial production figures for December2015 due today will most likely disappoint while the latest CPI inflation released yesterday delivered the lowest full-year inflation reading in 29 years! A big...
South Korea's GDP figures match expectations
Jan 26, 2016 01:51 am UTC| Commentary
South Koreas 4Q15 GDP (preliminary) came out this morning. Headline growth slowed to 2.3% (QoQ saar), in line with the consensus forecast, notably down from 5.3% in the previous quarter. Gross fixed capital formation...
FED to remain a bit more cautious at the January FOMC meeting
Jan 25, 2016 17:00 pm UTC| Commentary Central Banks
After the Fed hiked rates in December, markets and analysts widely expected no further action at the January FOMC meeting. However, with sharp risk-off moves in global markets since the start of the year, sentiment has...
Currency snapshot (major pairs)
Jan 25, 2016 16:33 pm UTC| Commentary
Dollar index trading at 99.29 (+0.18%). Strength meter (today so far) - Euro +0.38%, Franc +0.04%, Yen +0.13%, GBP -0.01% Strength meter (since last week) - Euro +0.38%, Franc +0.04%, Yen +0.13%, GBP -0.01% EUR/USD...
Panic over China looks increasingly overdone
Jan 25, 2016 16:28 pm UTC| Commentary Economy
According to the official GDP data, Chinas growth was 6.9% in 2015, which would be the slowest since 1990. China Activity Proxy (CAP) suggests that the true growth rate has been much weaker, perhaps as low as 4.3% in 2015....
Currency snapshot (commodity pairs)
Jan 25, 2016 16:08 pm UTC| Commentary
Dollar index trading at 99.32 (-0.18%) Strength meter (today so far) - Aussie -0.19%, Kiwi -0.06%, Loonie -0.65% Strength meter (since last week) - Aussie -0.19%, Kiwi -0.06%, Loonie -0.65% AUD/USD - Trading at...
Germany's IFO business declines in January
Jan 25, 2016 15:28 pm UTC| Commentary
The Ifo index declined by more than one point in January, more than expected and on a broad basis. The manufacturing sector suffers from weak demand out of emerging economies. Sentiment in the retail and the construction...
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