India taking a step on the road to cashless economy

Dec 22, 2016 11:47 am UTC| Insights & Views Economy

It was a move that could have brought Indias economy to a shuddering halt. Indeed, the seemingly endless queues outside banks, and the difficulty of spending cash at shops and stalls may have seemed like it did. But the...

ECB’s Economic Bulletin: Strong global recovery, property sector to infuse inflationary pressures

Dec 22, 2016 11:03 am UTC| Commentary Economy

The European Central Banks (ECB) Economic Bulletin, published Thursday, mentioned that a strong global economic recovery is underway and that the zones property sector will likely infuse inflationary pressures over the...

Taiwan central bank likely to enter hiking cycle in 2017, to focus on exchange-rate policy

Dec 22, 2016 10:08 am UTC| Commentary Central Banks Economy

The central bank of the Republic of China (Taiwan) (CBC) is expected to pause the easing cycle in 2017, cautiously assessing the timing of the first interest rate hike. The CBC will primarily focus on the exchange rate...

U.S. GDP likely to rise in Q3 on stronger momentum from personal consumption, services

Dec 22, 2016 09:30 am UTC| Commentary Economy

The gross domestic product (GDP) of the United States is expected to have risen during the third quarter of this year, following strong momentum from personal consumption as well as services sector. Also, the countrys...

Renminbi Series: Volatility in Chinese bond market on the rise

Dec 22, 2016 09:19 am UTC| Commentary Economy

Volatility in the Chinese bond markets has become a contentious issue for the policymakers, who are struggling to contain the rise in yield amid an interest rate hike from the US Federal Reserve that has sparked renewed...

U.S. durable goods orders likely to decline in November, capital goods to register rise

Dec 22, 2016 08:36 am UTC| Commentary Economy

Durable goods orders in the United States are expected to have declined during the month of November, while the indicator of core capital goods is expected to have risen during the same period. The worlds largest economy...

German economic growth likely to slow considerably in 2017, weakness in trade to weigh further

Dec 22, 2016 08:05 am UTC| Commentary Economy

Economic growth in Germany is expected to show aslowdown in 2017, following considerable momentum over the last two years. While the economy will likely have to do without a number of special factors that provided a boost...