Norges Bank likely to cut rates in H2 despite high inflation due to weaker growth outlook

Jun 27, 2016 11:53 am UTC| Commentary Central Banks Economy

The Norges Bank is depending on an expansionary monetary policy because of the weaker economic outlook. The central bank has cut its interest rate by 100 basis points to current 0 .5 percent since the end of 2014. The...

Japan’s jobless rate likely to have declined further in May

Jun 27, 2016 11:38 am UTC| Commentary Economy

Japans unemployment rate is likely to have dropped further in May. Corporates in Japan have been increasing their activities of hiring since the beginning of the fiscal year in April as they feel a strong sense of labor...

China Crisis Series

Structural weakness persist in China as weak monetary data looms on

Jun 27, 2016 11:35 am UTC| Commentary Economy

Chinas monetary data for the month of May, point to a set of structural weakness in the economy, as Chinese commercial banks extended loans worth USD 149.56 billion in new yuan loans. This well exceeded market expectations...

Direct impact of Brexit on Asia Pacific economies likely to be limited, output growth to slowdown

Jun 27, 2016 10:50 am UTC| Commentary Economy

A significant investor risk aversion and volatility in the financial market has been set off following the Brexit decision. The consequential implications on the economy are still quite uncertain. However, it is evident...

Briferendum Series

Brexit is not good news for the NHS – here's why

Jun 27, 2016 10:38 am UTC| Insights & Views Economy

The run up to the Brexit referendum saw Leave campaigners such as Boris Johnson claiming that uncontrolled immigration puts unsustainable pressure on our vital public services including the NHS. But the evidence suggests...

Emerging Market Crisis Series

Brazil’s credit growth likely to have decelerated in May; trend to continue throughout 2016

Jun 27, 2016 10:05 am UTC| Commentary Economy

In 2016, Brazils outstanding credit has fallen in each month and is likely to have continued with the trend in May. Outstanding credit is expected to have dropped 0.1 percent m/m to BRL 3.140 billion, said Societe Generale...

Outcome of EU referendum generates new risks for US economic outlook

Jun 27, 2016 09:31 am UTC| Insights & Views Economy Commentary

The British vote to leave the EU has rattled markets across the globe, dampening the already weak global growth outlook. Initial extreme moves during the UK trading session were pared back with a chorus of central bankers...