Jan 20, 2016 10:28 am UTC| Commentary Central Banks
Today Bank of Canada (BOC) is to provide further guidance in policy meet. Result to be announced at 15:00 GMT. Current policy measures BOC is maintaining overnight deposit rate at 0.5% Core objective of BOC...
Weak sterling no boost for FTSE 100 as commodities weigh
Jan 20, 2016 09:48 am UTC| Commentary
Pound has dropped to lowest level not seen since the crisis of 2008/09, however unlike Japan, weak Sterling may not act as boost to FTSE 100. UKs share in global manufacturing isnt that high when compared to Germany, Japan...
Italy’s economic recovery likely to be fragile
Jan 20, 2016 09:32 am UTC| Commentary
Italys economic recovery has been slow amid recent policy actions; however, private consumption has been seen facilitated by Eurozones QE and flexible SGP implementation, along with the governments commitment to an...
IMF cuts Russia’s 2016 GDP growth forecast to contraction of 1%
Jan 20, 2016 08:43 am UTC| Commentary
The IMF has cut its 2016 GDP growth forecast for Russia to a contraction of 1%, as compared with its earlier projection for a contraction of 0.6%. According to the International Monetary Fund, the Russian economy will...
Turkey’s annual inflation likely to accelerate by 1.1%-2.2%
Jan 20, 2016 08:41 am UTC| Commentary
Turkeys yearly inflation is expected to accelerate further in the following months after the announcement of minimum wage hike and administrative price hikes. Deputy Prime Minister Simsek said that the minimum wage rise...
Can unemployment report support Pound?
Jan 20, 2016 08:02 am UTC| Commentary
Since Bank of England (BOE) published its inflation report, suggesting no hike required from BOE in 2016, to keep inflation in check, pound has been struggling. This years turmoil in financial markets, dovish commentaries...
US GDP growth seems to have slowed substantially in Q4
Jan 20, 2016 07:59 am UTC| Commentary
US labour market in December was best performer of the year adding as much as 297,000 jobs, however that might not prevent weakness in GDP in the fourth quarter. Despite job gains, US manufacturing sector might have...
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