Fed Beige Book finds pace of growth in U.S. economy marginally changed
Dec 03, 2015 04:47 am UTC| Commentary
The US Federal Reserves Beige Book that contains an assessment of economic conditions from the 12 Federal Reserve districts reveals the pace of economic growth across the country has changed marginally in November from the...
ECB's September projection of core inflation rise in 2016 at risk?
Dec 03, 2015 04:12 am UTC| Commentary Central Banks
Euro zones November underlying price momentum, which is based on inflation rate without the volatile prices for energy, food, alcohol and tobacco declined to 0.9% again. This brings in a risk of unlikeliness in the ECBs...
Japan's third quarter GDP might be better than expected
Dec 03, 2015 02:52 am UTC| Commentary Economy
The capital spending index out this week surprised on the upside. On the YoY basis, capital expenditures surged 11.2% in 3Q, far better than the -0.3% decline seen in private non-residential investment in the preliminary...
November CPI affirms ECB action today
Dec 03, 2015 02:47 am UTC| Commentary Central Banks
November inflation (advance) reinforced expectations that the European Central Bank (ECB) will embark on further monetary stimulus today. Headline inflation rose 0.1% YoY, steady from month before but below expectations....
RBI address liquidity shortfall
Dec 03, 2015 02:37 am UTC| Commentary Central Banks
A day after holding the benchmark rates steady, the central bank stepped in to address the on-going liquidity shortfall. At its policy review, the Reserve Bank of India acknowledged the liquidity crunch in Oct-Nov on...
Thailand's huge current account surplus another signal of weak domestic demand
Dec 03, 2015 02:24 am UTC| Commentary
In the year-to-date, contribution from net exports to overall GDP growth is a full percentage point. This accounts for a third, and a pretty significant portion, of the 2.9% GDP growth seen so far this year. Yet, exports...
There could be light beyond Singapore's PMI gloom but the key word is “could be”
Dec 03, 2015 02:08 am UTC| Commentary
There could be light beyond the PMI gloom but the key word is "could be". Latest November PMIs remained in the red with the overall manufacturing and electronics PMIs reporting readings of 49.2 and 49.0 respectively....