Germany's industrial production likely to rise in October

Dec 07, 2015 06:15 am UTC| Commentary

Germanys industrial production (mom on seasonally adjusted basis) is expected by consensus to be 0.7 for the month of October, while for previous month, it was -1.1. The industrial production WDS yoy is expected to be...

Guide to today’s important data and events

Dec 07, 2015 06:01 am UTC| Commentary

Not many economic dockets scheduled for today, however some with high risks associated. Data released so far - Australia - ANZ job advertisement rose 1.3% in November. Japan - Flash reading showed, Leading...

U.S. labor market likely to tighten further

Dec 07, 2015 06:00 am UTC| Commentary

Last week, the U.S. employment report for November posted better than expected result. The nonfarm payrolls reading have risen by 211,000. With a solid support from private sector, the employment rate increased by 197,000...

Currency War Series

Riksbank likely to cut rate by 10bp

Dec 07, 2015 05:40 am UTC| Commentary Central Banks

As a result of last weeks disappointing ECB meeting, along with Swedish data, there is somewhat increased pressure on Riksbank in the near term. The KIX recently gained strength and this weeks inflation data will be of...

Australian domestic recovery offsets commodity drag, supporting AUD resilience

Dec 07, 2015 05:34 am UTC| Commentary

Australias labor market seems to be mending, as shown in constant improvement in the labor market conditions index. It would not be surprising to the markets, even if November employment records a fall, after the rough...

Renminbi Series

CNY likely to depreciate further

Dec 07, 2015 05:32 am UTC| Commentary

The FX market is likely to strengthen ahead of FOMC meeting on 16th December, says Barclays. On the other hand, if China allows CNY to depreciate, the regional currencies will be under pressure. USDCNY pair increased to...

NZD weakness likely if RBNZ cuts

Dec 07, 2015 05:27 am UTC| Commentary

There are narrow expectations from the RBNZ to cut its interest rates next week, which will be fourth time in the year, reducing the cash rate by 25 basis points to 2.5%, which would fully reverse last years rate...