Fed will move more slowly than normal in 2016

Dec 09, 2015 02:40 am UTC| Commentary Central Banks

Markets are expecting a strong retail sales report on Friday but after three months of zero growth one isnt quite sure if thats really strong or not. Even were the 0.3% (MoM, sa) rise in headline sales that markets expect...

Indian markets on shaky ground, but well-cushioned

Dec 09, 2015 02:32 am UTC| Commentary Economy

Indian markets tread on thin ice ahead of this months US FOMC meeting where a rate lift-off seems imminent. The European Central Banks underwhelming policy support also saw asset markets react uneasily late last week, with...

Thailand private sector drag

Dec 09, 2015 02:12 am UTC| Commentary

Private consumption growth is likely to remain slow next year, as household continues to deleverage. Private investment growth is not going to fare much better as well. Export growth is still lackluster and we are unlikely...

Monetary policy will remain stable to balance the risks on growth and inflation in Malaysia

Dec 09, 2015 01:45 am UTC| Commentary Economy

Monetary policy will remain stable to balance the risks on growth and inflation. Inflation reading has thus far been lower than expected. Latest October CPI inflation reported a 2.5% (YoY) rise. The combined impact of the...

Brazil's economic recession not going anywhere

Dec 09, 2015 00:51 am UTC| Commentary

The recession is expected to intensify and last longer next year, with activity not starting to recover until late 2016. Persistent political uncertainty with little sign of improvement indicates no trigger for a rebound...

Currency War Series

RBI to cut final 25bp in February with inflation in 5-6% range; rains key

Dec 09, 2015 00:32 am UTC| Commentary Central Banks

RBI Governor Raghuram Rajan is expected to cut 25bp in February. Inflation should peak at 5.5-6% by January 2016 to meet the RBIs under-6% target. The RBI will be on a long pause thereafter. RBIs around 5% March 2017...

China's structural and cyclical slowdown; reforms remain key to maintain growth

Dec 09, 2015 00:18 am UTC| Commentary Economy

The gradual slowdown over the last four years has been due to the potential growth rate grinding lower and cyclical pressure on the economy. That implies there is room to support potential growth with structural reforms...