Indonesia's central bank likely to ease further
Nov 13, 2015 07:21 am UTC| Commentary Central Banks
In Indonesia, the base effects of inflation and off late currency stability might push the central bank to ease further. The currency is better than MYR on a toal return basis, in-spite of having vulnerabilities. The...
Improved RBI's policy credibility improves investor confidence
Nov 13, 2015 07:10 am UTC| Commentary Central Banks
The sell-off in the INR in near-term can be seen as opportunity to re-enter long positions in the currency versus the EUR. If the oil prices remain low, the improvement in Indias current account and fiscal balance...
Spanish final HICP inflation to stand at 0.6% in 2016
Nov 13, 2015 07:09 am UTC| Commentary
Spains CPI inflation data is scheduled to release today. Spanish HICP inflation posted significantly negative figures in October, it showed some recovery from -1.2% yoy to -0.9% yoy. But the final HICP inflation Spain is...
USD/INR to reach 70.50 by year end
Nov 13, 2015 07:03 am UTC| Commentary
There are several positive factors that back INRs outperformance in medium term. Near term, there is an additional block to the governments reform agenda, as it lost in Bihars regional elections. In short term, this...
Greece may hit euro area Q3 GDP
Nov 13, 2015 07:00 am UTC| Commentary
The Euro area quarterly GDP s.a stood at 0.4 qoq growth in Q2 is likely to post a sluggish growth rate in Q3. The Euro area economy is expected to grow at 0.3% quarter on quarter but Greece is likely to contract by 3.6%...
Turkey's political uncertainty temporarily relieved
Nov 13, 2015 06:48 am UTC| Commentary
Political uncertainty in Turkey has been reduced by the strong election of AKP, to which the market also reacted positively. Governance might not be so easy with the single party majority, but the government formation will...
Brazil's assets likely to deteriorate further
Nov 13, 2015 06:35 am UTC| Commentary
Brazilian assets are likely to deteriorate further. Brazils macroeconomic picture deteriorated substantially and its government is unable to address the fiscal situation. Political maneuver lacks in Brazil on the...