Spanish economic growth forecast to slow to 2.5% in 2016

Jan 25, 2016 09:12 am UTC| Commentary

Spanish economic growth is expected to have slightly slowed in Q4 to 0.7% q/q, as compared with economic growth of 0.8% q/q in Q3. Even if Spains economy is amongst the strongest in the euro zone, it has passed its peak....

ZAR’s depreciation likely seen slowing in the short term

Jan 25, 2016 08:53 am UTC| Commentary

The South African ZAR managed to regain some lost ground last week, despite weak commodity prices, a steady dollar and reduced local policy rate expectations. The countrys currency depreciation is expected to slow down...

Renminbi Series

Renminbi series – Expect large size easing from PBoC

Jan 25, 2016 08:13 am UTC| Commentary Central Banks

Peoples Bank of China (PBoC) has been easing monetary policy since late 2014 mainly using reserve requirement reduction and reduction in policy rates. It has also announced other policy measures such as LTV ratio to ease...

Poland’s GDP likely grew 3.5% y/y in 2015

Jan 25, 2016 07:42 am UTC| Commentary

Polands GDP is likely to have grown 3.5% y/y in 2015 from 3.3% y/y in 2014. Private consumption expenditure and gross fixed capital formation, which grew 3.1% y/y and 6.9% y/y respectively, are expected to be the most...

US likely to post 0.6 % compensation gain in Q4 2015

Jan 25, 2016 07:34 am UTC| Commentary

U.S. total compensation rose 0.6 percent in the third quarter showing a rebound after witnessing a weak result of 0.2 percent in the second quarter. As benefit costs increased 0.5 percent, wages also gained by 0.6 percent....

Emerging Market Crisis Series

Brazil’s seasonally adjusted unemployment rate likely inched up to 8.3% in December

Jan 25, 2016 07:20 am UTC| Commentary

Brazils unemployment rate had increased unexpectedly in October to 7.9% and declined to 7.5% in November. The lack of considerable increase in unemployment during H2 2015 should not be understood at labor market...

Renminbi Series

China Crisis Series

Renminbi series - Chinese economy heads to recession in Dollar terms

Jan 25, 2016 07:00 am UTC| Commentary

According to latest data released by Chinas National Bureau of Statistics (NBS), economy grew 6.8% from a year ago in fourth quarter. Though it below expectations of at least 6.9% but it is higher than 6.5% target to be...