Hungarian Forint outperformer within CE3
Aug 05, 2015 07:25 am UTC| Commentary
Hungarian currency has been an outperformer among CE3 (Centeral European Three) peers over the past week, gaining 1.3% against the zloty in particular since early last week. While this has partly to do with higher risk...
Renewed pressure on oil pushes Taiwan inflation lower
Aug 05, 2015 07:19 am UTC| Commentary
Taiwan inflation edged further into the negative territory at -0.66% y/y in July.Overall, the path of inflation mainly reflected the renewed downward pressure on international oil prices, with the Brent falling by 12% on...
Hungarian Forint outperformer within CE3
Aug 05, 2015 07:15 am UTC| Commentary
Hungarian currency has been an outperformer among CE3 (Centeral European Three) peers over the past week, gaining 1.3% against the zloty in particular since early last week. While this has partly to do with higher risk...
China plans RMB1trn to fund construction projects
Aug 05, 2015 07:10 am UTC| Commentary
China is planning at least RMB1trn ($161 billion) in bonds to fund construction projects that can help address a struggling economy. China Development Bank and the Agricultural Development Bank of China, which are referred...
IMF likely to extend change in SDR basket to Sep-2016
Aug 05, 2015 07:09 am UTC| Commentary
The IMF announced this morning that it has proposed to extend the current special drawing right (SDR) basket by nine months until September 30, 2016. However, IMF said that this will not prejudge the timing of conclusion...
Aug 05, 2015 07:04 am UTC| Commentary
Brazil real continues to depreciate vs. the USD on the back of lower commodity prices and a deteriorating fiscal outlook.On top of these two significant factors affecting the BRL, the central bank continues with its...
Emerging Market FX back at Asian crisis levels
Aug 05, 2015 06:42 am UTC| Commentary
Emerging Market currencies have been hit over the summer, with the JP Morgan Emerging Market Currency Index (FXJPEMCI) reaching its lowest level on record with e.g. TRY and MXN trading at their weakest level ever. The...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects