Phillipine's inflation likely to stay low for longer
Jun 09, 2015 10:07 am UTC| Commentary
Inflation, in the Phillipines is expected to remain low for the rest of 2015 and in 2016. Standard Chartered forecasts inflation at 1.9% in 2015 and 2.9% in 2016 (from 2.2% and 3.5%, respectively). Given strong base...
Philippine's financial conditions remain stable
Jun 09, 2015 10:00 am UTC| Commentary
Financial stability in the Philippines has not deteriorated even with global volatility. While real interest rates have edged up as inflation has fallen, they have stayed within ranges seen in the past five years. Net...
Philippine's GDP growth should improve in H2
Jun 09, 2015 09:51 am UTC| Commentary
GDP growth slowed in Q1 to 5.2% y/y, putting the Philippines at risk of posting its slowest annual growth in four years. However, the growth rate seems less unfavourable against the 10-year average growth of 5.3%, says...
Bad weather conditions impair plant progress and harvest in the US
Jun 09, 2015 09:43 am UTC| Commentary
The figures published by the US Department of Agriculture (USDA) on Monday evening confirmed the markets expectations that the adverse weather conditions are having a negative impact on plant progress and harvesting.Last...
South African gold mining industry ahead of difficult pay negotiations
Jun 09, 2015 09:38 am UTC| Commentary
The gold price failed to profit from the weak US dollar yesterday and is continuing to trade below $1,180 per troy ounce. The fact that the US currency depreciated against the euro put significant pressure on gold in euro...
Weak US dollar prevents crude oil prices from falling
Jun 09, 2015 09:31 am UTC| Commentary
Oil prices have been treading water for the most part since yesterday. Brent is trading largely unchanged at $63 per barrel and WTI at $58.5 per barrel. A weaker US dollar no doubt prevented the price slide that one would...
Prepare portfolios for decisive Fed action in H2 15
Jun 09, 2015 07:45 am UTC| Commentary
The way the Fed will manage the different instruments will have an impact on asset classes. Societe Generale anticipates a mix of rate hikes, lower "dots" and balance sheet reduction. That would lead to higher volatility,...
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