Sweden Riksbank to acknowledge the uptick in inflation expectations
Jun 26, 2015 06:37 am UTC| Commentary
Riksbank is expected to sound cautious and express its readiness to engage in further easing should the recent inflation recovery come to a stand-still.Yet, Riksbank forecasts a modest uptrend in inflation in the coming...
China's fiscal position will likely be more constrained
Jun 26, 2015 06:35 am UTC| Commentary
The offshore Chinese yuan (CNH) issuance can be accommodated under the revised debt ceiling (on an NPV basis) of 58.3% of GDP for 2015. That said, the issuance, along with domestic debt issues and World Bank credit,...
Geopolitical developments around Greece likely to impact Swedish economic recovery?
Jun 26, 2015 06:26 am UTC| Commentary
Indeed, the extent to which a Greek crisis could add upward pressure on the SEK vis-à-vis the EUR, should keep the Riksbank cautious in signaling that its easing cycle is over and that a sustained SEK rally would be...
South Korea going for another fiscal stimulus package
Jun 26, 2015 06:26 am UTC| Commentary
The Finance Ministry of South Korea said yesterday that it is planning a KRW15trn (USD13.5bn) stimulus package to boost the economy. Acording to Commerzbank, the main motivations of the stimulus are 1) to offset the...
China pledges to increase exchange rate flexibility
Jun 26, 2015 06:21 am UTC| Commentary
FDI outflows are expected to continue to grow in coming years on looser regulations in the financial sector on foreign investments eg possible expansion of the QDII2 scheme and big-ticket infrastructure initiatives such as...
Japana's inflation target seems to be out of reach
Jun 26, 2015 06:18 am UTC| Commentary
The Japanese price statistics which were published this morning do not look unfavorable. Even the slowest observer should have worked out by now that the effect of the VAT hike in 2014 is disappearing from the May...
Extension of Greece aid package to be passed on 30th June?
Jun 26, 2015 06:16 am UTC| Commentary
The euro group meeting was once again postponed. This time round to Saturday, the last imaginable date if the legislative processes are going to somehow be maintained and an extension of the Greece aid package is to be...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects