Brazil inflation unlikely to moderate before January 2016

Dec 09, 2015 07:23 am UTC| Commentary

Brazils IBGE inflation IPCA (%) month on month basis for November is expected by the market consensus to be slightly rising to 0.95 from that of its previous months 0.85%. The inflation yoy is likely to be 10.42, rising...

Czech prices likely dragged by food and fuel

Dec 09, 2015 07:16 am UTC| Commentary Economy

Czech Republics CPI (%) month on month basis is expected by the market consensus to be dropping by 0.1% in the month of November, compared to that of previous months 0.0%. The CPI (% yoy) is expected to rise slightly...

Currency War Series

PBoC's one more RRR cut likely this month

Dec 09, 2015 07:05 am UTC| Commentary Central Banks

Chinas CPI inflation in November increased marginally and stood at 1.5% y/y against 1.3% in October. The PPI deflation, in contrast, remained steady in the negative territory with a growth rate of -5.9% year on year for...

PBoC fixes Yuan to four-year low

Dec 09, 2015 07:05 am UTC| Commentary Central Banks

Peoples bank of China (PBoC), which fixes the central value of Dollar/Yuan, fixed it to weakest level since 2011. Last month, International Monetary Fund (IMF) added Yuan or Renminbi to its Special Drawing Rights (SDR)...

China’s inflation likely at 1.6% next year

Dec 09, 2015 06:30 am UTC| Commentary

Chinas CPI inflation for November increased to 1.5% year on year in compare to 1.3% in October. Food prices including vegetable and fruits are the key factor to drive the inflation rate up. The food inflation increased to...

Currency War Series

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...