While the parliament debates, GDP numbers and RBI review comes into view in India
Nov 26, 2015 02:24 am UTC| Commentary Economy
The winter parliamentary session kickstarts today. In view of the setback at the recent state elections and possibility of stiff resistance on passage of key bills, the government has reached out to the opposition to...
A rate cut may not necessarily translate to faster GDP growth in Indonesia
Nov 26, 2015 01:38 am UTC| Commentary
Whether or not Bank Indonesia (BI) will lower its interest rates in December remains anyones guess at this point. Vice President Kalla continues to insist that BI should lower rates to help boost GDP growth. But BIs...
Singapore's manufacturing is expected to remain in recession
Nov 26, 2015 01:07 am UTC| Commentary
Singapores manufacturing is expected to remain in recession. Though 3Q15 GDP figures announced recently were encouraging, todays industrial production numbers will pour a cold bucket of water over the optimism. Production...
2016 should mark the cyclical trough for AUD
Nov 26, 2015 00:49 am UTC| Commentary
2015 was another interesting year for the Australian dollar. For a start, AUD/USD reached its lowest level since 2009 in 3Q15. The range for the AUD in 2015 was one of the smaller seen in recent years, but continues the...
NZD: still the least favoured Antipodean in 2016
Nov 26, 2015 00:16 am UTC| Commentary
2015 delivered what most believed had been long overdue for the New Zealand dollar; a 17% decline year-to-date and the worst performance against the USD within the G10. The combination of 75bp of easing from the RBNZ and a...
Nov 25, 2015 23:51 pm UTC| Commentary
Some of the strong franc themes that fatally undermined the SNBs FX regime this year continue into next, albeit the outlook for EUR/CHF is inherently less unstable now that much of the short investor base in CHF has been...
US Q3 GDP growth revised higher to 2.1% on stronger inventory accumulation
Nov 25, 2015 23:24 pm UTC| Commentary Economy
According to the second estimate of the US Bureau of Economic Analysis (BEA),1 Q3 real GDP growth was revised higher to 2.1%QoQ saar from 1.5% in the advance estimate, in line with consensus expectations. The upward...