BoK to stand pat in 7-day repo rate
Dec 09, 2015 06:19 am UTC| Commentary Central Banks
Bank of Korea is expected to keep its policy rate unchanged in the December meeting at 1.50% by the market consensus, which would be a unanimous decision. There were mixed signals from macroeconomic indicators and the...
Australia succeeds in curbing speculative housing demand
Dec 09, 2015 06:12 am UTC| Commentary Economy
This year, since May, Reserve Bank of Australia (RBA) has hold out to any further easing of policy beyond current 2% interest rates and one of the key reasons for that has been excessive housing demand, fuelled by lower...
EUR/GBP likely to continue to grind lower towards 0.68 in next year
Dec 09, 2015 06:01 am UTC| Commentary
EUR/GBP has recovered around 3.3% since beginning of this month. With this move , the UK effective exchange rate was softened by approx 12% during the same time. The outlook for BoE interest rate policy is tied to the...
Higher wage costs limit profitability of business sector in U.S.
Dec 09, 2015 05:52 am UTC| Commentary Economy
The National Federation of Independent Business (NFIB) index of small business optimism in U.S. reduced to 94.8 in November against 96.1 in October. The index was dropped due to fall in expectations for higher sales,...
Dec 09, 2015 05:47 am UTC| Commentary
UK inflation is continued to be weighed on by the GBP strength and weak energy prices, albeit the rises in wages are an important determinate of the inflation, which is demand-driven. November MPC minutes state that the...
Dec 09, 2015 05:34 am UTC| Commentary Central Banks
Bank of England Governor Mark Carney had stated back in July that the Monetary Policy Committees decision regrading the timing of adjustment of interest rates would come into relief during the turn of the year. This is yet...
Daily Economic Outlook: 9th December 2015
Dec 09, 2015 05:30 am UTC| Commentary
The Bank of England will draw domestic markets attention as November Financial Policy Committee meeting of the Bank is scheduled today. The minutes of the meeting will provide the view of the Bank on risks to the UKs...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight