Emerging Market Crisis Series

Brazil labor market deterioration likely to accelerate in November

Dec 17, 2015 09:22 am UTC| Commentary

Unemployment rate in Brazil was deteriorating since the rapid rise in July. In November, the countrys unemployment rate is likely to rise as expected by market consensus to 8.1% from previous months 7.9. If the labor...

HK corporate debt may increase further

Dec 17, 2015 09:16 am UTC| Commentary

The Hong Kong Monetary Authorities (HKMA) is expected to raise it policy rate following to the Feds last night rate hike.Currently, the central bank holds its bank rates at 0.50% for long time raised by 25bp to 0.75%.Hong...

Euro Area labor cost growth likely to soften in Q3

Dec 17, 2015 09:09 am UTC| Commentary

Euro Area labor costs are expected to drop in third quarter of this year from its previous value of 1.6% year on year basis.There was slow growth in both components of labor costs such as wages and salaries on per hour...

UK retail sales likely to see a minor recovery

Dec 17, 2015 08:58 am UTC| Commentary

UK retail sales excluding auto fuel are expected to see a recovery in the month of November from previous months drop on mom basis. CBI Distributive Trades survey indicates another decline in reported sales which should...

Germany IFO business climate likely to record a modest decline in December

Dec 17, 2015 07:50 am UTC| Commentary

There are mixed expectations regarding Germany IFO business climate. While on one hand, some market participants expect it to rise modestly by 0.2%, on the other hand some market participants expect a modest decline of...

Fed's further tightening in 2016 likely due to higher inflation

Dec 17, 2015 07:32 am UTC| Commentary Central Banks

Yesterday, the Federal Reserve increased its target range for the fed funds rate by 25 base points. The Fed Chair Yellen indicated that the central bank is on the path of policy tightening, and it will increase its policy...

FxWirePro: Short term outlook – how low can Euro go?

Dec 17, 2015 07:22 am UTC| Commentary

Last night, US Federal Reserve delivered much anticipated 25 basis points rate hike after long 7 years of zero rate policy. Market is in its overall December calm, no massive dollar buying, no big short covering. It was...