Infrastructure investment likely to remain a major driver of China’s economic growth, says Scotiabank

Dec 14, 2016 08:42 am UTC| Commentary Economy

China remains on track to reach its economic growth target for 2016, with fixed-asset investment rising 8.3 percent y/yin the January-November period. Infrastructure investment has already proved to be a critical driver of...

Indonesia GDP growth likely to come in at 5.1 pct this year on stable consumption, says DBS

Dec 14, 2016 08:17 am UTC| Commentary Economy

Indonesias gross domestic product (GDP) is expected to come in at 4.1 percent this year, on stability in the countrys consumption patterns, which has continued to support GDP growth. However, government consumption and...

Central Banking Series

BoJ seems committed to yield curve control

Dec 14, 2016 08:13 am UTC| Commentary Central Banks Economy

The actions taken by the Bank of Japan (BoJ) yesterday shows that the central bank remains committed to its experimental monetary policy of yield curve control and we at FxWirePro believe that it would continue that way as...

India’s wholesale prices fall in November at the slowest pace in 5 months

Dec 14, 2016 07:24 am UTC| Commentary Economy

Wholesale price inflation in India fell during the month of November, at the slowest pace in five months. However, it came in higher than what market participants had priced in initially. Indias wholesale prices rose...

Japan industrial production remains flat in October, lower than market expectations

Dec 14, 2016 06:52 am UTC| Commentary Economy

Industrial production in Japan remained flat during the month of October, also lower than what markets had initially anticipated. A final measure of Japanese industrial production was revised down to zero in October,...

After Fed watch TED

Dec 14, 2016 06:49 am UTC| Commentary Central Banks Economy

Federal Open Market Committee (FOMC) will announce monetary policy decisions today at 19:00 GMT at the end of its two-day monetary policy meeting. It is widely expected that the FOMC members would vote to hike rates by 25...

Japan Tankan manufacturing index rises in Q3, beats market consensus

Dec 14, 2016 06:27 am UTC| Commentary Economy

Japans Tankan manufacturing index, as released by the Bank of Japan, rose during the third quarter of this year, beating what markets had initially anticipated. Confidence at large Japanese manufacturers improved in the...