CBT unlikely to slash interest rates this year, will attempt to calm markets, says Commerzbank

Nov 14, 2016 12:27 pm UTC| Commentary Economy Central Banks

The central bank of Turkey is expected not to slash interest rates this year, although there is no aim to raise rates either. CBT will delay tightening policy and will attempt to calm things down by tweaking FX liquidity...

Chinese 5-year CDS spike in November on perception of weakening sovereign credit worthiness

Nov 14, 2016 12:15 pm UTC| Insights & Views Economy

China started trading of credit-default swaps (CDS) on the nations interbank market after being faced with rising bond failures. In September 2016 the Peoples Bank of China (PBoC) approved CDS trading by financial...

Eurozone industrial production declines in September, beats market consensus

Nov 14, 2016 11:36 am UTC| Commentary Economy

Industrial production in the eurozone fell during the month of September, beating what markets had initially anticipated. Eurozone industrial production declined 0.8 percent in September following a revised increase of...

Italy consumer prices deteriorate in October, HICP rises on month

Nov 14, 2016 11:04 am UTC| Commentary Economy

Consumer prices in Italy deteriorated during the month of October, although the harmonized index remain upright during the period. Italian EU-harmonised consumer prices (HICP) rose 0.2 percent month on month in October...

India’s revenues likely to rise on better tax compliance; RBI to maintain neutral liquidity stance

Nov 14, 2016 10:24 am UTC| Commentary Economy

India is expected to witness a boost in its revenues, following a widening in the tax base and better tax compliance, along with the potential for a one-off dividend payout by the Reserve Bank of India (RBI). A flush in...

Philippines economic growth likely to remain robust in Q3 on upbeat household spending

Nov 14, 2016 09:40 am UTC| Commentary Economy

Economic growth in Philippines is expected to have risen during the third quarter of this year, following upbeat household spending, mainly owing to the reasonably lower rate of inflation in the country. Gross domestic...

Bank Negara likely to cut rates following slower-than-potential economic growth

Nov 14, 2016 09:20 am UTC| Commentary Economy

Bank Negara Malaysia (BNM) is expected to cut rates in the upcoming monetary policy meeting, following slower-than-potential economic growth in country. Expenditure by the state has obviously slowed in 2H16 in an attempt...