China's fiscal deficit likely to rise 2.7 pct of 2016 GDP, more fiscal easing to help

Dec 14, 2015 05:29 am UTC| Commentary

China saw a better than expected industrial production in November, however, weak trade activity, new loans and slow real estate investment are leading to more easing measures from PBoC.It is widely expected that PBoC is...

Downside risks to China's growth remain despite of temporary stabilisation

Dec 14, 2015 05:21 am UTC| Commentary

Chinas November domestic activity was better than expected. The IP growth was 6.2%yoy, which also came above expectations. This solid rebound was led by auto and steel production following a tax cut of small car purchases...

Stronger retail sales to boost U.S. Q4 GDP expectations

Dec 14, 2015 04:53 am UTC| Commentary

Retail sales growth in the United States stood at 2% month on month in November against 0.1% in previous month. At a disaggregate level, core retail sales posted a robust growth of 0.6% month on month, whereas, ex-autos...

Euro Area's industrial production likely picked up in October

Dec 14, 2015 04:17 am UTC| Commentary

Euro Areas industrial production month on month on seasonally adjusted basis is likely to show a pick up from the Septembers drop as expected by the consensus, at 0.2%, rising from -0.3%. The industrial production year...

Poland's current account to slightly improve in October

Dec 14, 2015 04:10 am UTC| Commentary

Polands current account balance is likely to show a deficit of -605mn EUR in the month of October as per the market consensus expectations, trade balance is likely to be -178mn EUR, while Exports are 15450m EUR and imports...

Indian inflation likely to rise in November

Dec 14, 2015 04:03 am UTC| Commentary

Indias CPI year on year is expected by market consensus to be 5.33% for the month of November, rising modestly from that of its previous months value. There is a continuous deficiency of rainfall for the second year,...

Bracing for Fed normalization

Dec 14, 2015 02:45 am UTC| Commentary Central Banks

Depending on how the market interprets Fed guidance at the upcoming FOMC on December 15/16, there could be some volatility in USD rates. A Fed hike of 25bps should come as no surprise. The market has already put the...