Japan industrial production rises in December, beats market expectations

Jan 31, 2017 08:38 am UTC| Economy Commentary

Japans December industrial production grew 0.5 percent, higher than the market expectations of 0.3 percent growth, down from 1.5 percent in November, reported Ministry of Economic, Trade and Industry. The industries...

FxWirePro: Macros to drive CBR’s FX interventions – Short term bullish prospects of USD/RUB in Q1’2017

Jan 31, 2017 07:30 am UTC| Economy Central Banks

Every good structural story needs a repricing and a clear-out of extended positioning. The medium-term case for Russian local markets is underpinned by high nominal and real interest rates, falling inflation, and a trend...

Eurozone economic growth likely to stabilise in 4Q16, January inflation to climb higher

Jan 31, 2017 06:39 am UTC| Economy Central Banks

The Eurostat is expected to release its advance estimates of gross domestic product (GDP) for the last quarter of 2016 and January consumer inflation numbers on January 31. Growth is likely to have stabilised into 4Q16...

Indian banks likely to face delay in asset-quality recovery owing to demonetization, says Fitch Ratings

Jan 31, 2017 06:34 am UTC| Commentary Economy

Indian banks are expected to face difficulties in the recovery of the banks asset-quality, owing to negative impacts of demonetization that thronged the economy with a heavy cash crunch post its implementation from...

FxWirePro: The Day Ahead- 31st January 2017

Jan 31, 2017 05:58 am UTC| Commentary Economy

Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: Private sector credit grew 0.7 percent in December, up 5.6 percent from a year...

Bank Indonesia likely to maintain prudent policy stance on economic recovery

Jan 31, 2017 05:35 am UTC| Economy Central Banks

The Bank Indonesia (BI) maintains a prudent policy stance in the wake of rising expectations of economic recovery. The gross domestic product (GDP) growth momentum is expected to pick up at a gradual pace in the coming...

Central Banking Series

Bank of Japan keeps monetary policy unchanged, raises economic growth forecast

Jan 31, 2017 05:21 am UTC| Economy Commentary Central Banks

At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan (BoJ) decided to keep its short-term policy interest rate at minus 0.10 percent, while purchasing Japanese government bonds (JGBs) so that...