Further policy easing likely by Taiwan CBC in March next year

Dec 22, 2015 11:57 am UTC| Commentary Central Banks

Taiwans Governor Perng noted that the growth bottomed in second quarter and is likely to rise in 2016, he told that negative output gap is likely to widen further in next year. Specifically, he indicated that there is...

Sweden November retail sales confirm booming domestic economy

Dec 22, 2015 11:30 am UTC| Commentary Economy

Swedens November retail sales came over expectations. Following the strong existing readings in recent months, the retail sales climbed further in this month. There is a rise of 0.4% in the retail sales over the month...

Oil in Global Economy Series

Oil in global economy series – Aftershock mean reversion

Dec 22, 2015 11:29 am UTC| Commentary

Drop in oil price, post financial crisis was due and to stay, however monetary stimulus from US FED and other major central banks just averted it temporarily. FED printed money in form of bond buying to boost demand. While...

Renminbi Series

USD/CNY likely to test 7.0 by end of 2016

Dec 22, 2015 10:27 am UTC| Commentary

China central bank PBoCs FX intervention cannot continue indefinetely. The GDP growth is widening , inflation and interest rate differentials also point out for a higher USD/CNY. RMBs inclusion into the IMF SDR basket...

Currency War Series

Central Bank of Republic of Turkey likely to rise repo rate by 50bps

Dec 22, 2015 10:10 am UTC| Commentary Central Banks

Turkeys central bank, CBRT is yet to announce its rate decision today. Most of the market participants expect the bank to rise its repurchase rate by 50 basis points to 8%. The central bank governor Basci presentes the...

Emerging Market Crisis Series

Emerging market crisis series – ICA, Mexico shows why we are worried on EM dollar debt

Dec 22, 2015 10:07 am UTC| Commentary Economy

For quite some time now, we have been writing and warning traders and investors of Emerging market bad debt, especially non-financial corporate sector vulnerability. According to Bank of International Settlements (BIS), as...

Domestic consumption likely to lead euro area Q4 GDP

Dec 22, 2015 09:59 am UTC| Commentary

The CPI index in euro area posted a marginal improvement in November as it stood at 0.2% year on year. Similarly, the Markit manufacturing PMI index also increased to 51.6 for December. Though there is a modest recovery...