Australian employment likely to see a modest decline in November

Dec 09, 2015 09:31 am UTC| Commentary

Australias employment change month on month is expected by the market consensus to decline by 10% on seasonally adjusted basis, the unemployment rate is expected to be 6% and the participation rate is expected to be 65%...

Fed Liftoff Series

FED liftoff series – Beginning of a mega-rewind?

Dec 09, 2015 09:09 am UTC| Commentary Central Banks

The event the world has been awaiting, preparing and speculating for is finally approaching - meeting by US Federal Reserve, in which US interest rates will finally rise from their zero bound. After Fridays super job...

Renminbi Series

Weak CNY/CNH exchange rate likely in imminent future

Dec 09, 2015 08:40 am UTC| Commentary

Chinas CPI inflation for November increased to 1.5% year on year from 1.3% in previous month. The CPI inflation in November is mainly driven by the food prices as it inched up to 2.3 year on year against 1.9% in previous...

Currency War Series

BOC governor Poloz points to array of available ammunition

Dec 09, 2015 08:13 am UTC| Commentary Central Banks

Bank of Canada (BOC) may have held policy steady at last meeting, the governor Stephen Poloz pointed out that the bank is not out of ammunition, instead it has more tools now than ever before ready to be deployed if deemed...

Currency War Series

Hungary's MNB’s rate cut likely in H1 16

Dec 09, 2015 08:06 am UTC| Commentary

The CPI inflation of Hungary surprised markets and posted 0.5% y/y increase in November against 0.1% in the previous month. Month-on-month headline and core CPI almost remained flat. The core CPI inched down to 1.4% yoy...

RBNZ unlikely to restrict itself to a rate cut tonight

Dec 09, 2015 07:52 am UTC| Commentary Central Banks

Since the beginning of year, NZD has declined by more than 10% on a trade weighted basis, and the Reserve Bank of New Zealands inflation outlook is based on its notably weaker exchange rate. There are a few participants...

Oil price decline whacks Norwegian currency

Dec 09, 2015 07:44 am UTC| Commentary

The Norwegian krone was able to stand up last month, despite of declining oil prices, which was surprising. Against EUR, it was performing better, however the euro was also effected by ECBs monetary policy decision. The...