Bank of Thailand likely to keep rates unchanged through 2016

Dec 16, 2015 08:45 am UTC| Commentary Central Banks

Bank of Thailand stood pat in its policy rate at 1.50%, consistent with consensus expectations. This was a unanimous decision, indicating that MPC does not see any risks that needs imminent monetary easing. Todays...

Oil in Global Economy Series

US on the verge of lifting crude export ban

Dec 16, 2015 08:06 am UTC| Commentary Politics

United states is the on the verge of lifting a four decade old crude oil export ban this year as lawmakers in congress reached a deal last night in a closed door meeting. Democrats have agreed to support the lift, tabled...

Unemployment report to set mood for Pound heading into FOMC

Dec 16, 2015 08:04 am UTC| Commentary Central Banks

Since Bank of England (BOE) published its inflation report, suggesting no hike required from BOE in 2016, to keep inflation in check, pound has been struggling. After last weeks dovish monetary policy statement, its even...

Argentina likely to devalue ARS up to 35pct

Dec 16, 2015 08:04 am UTC| Commentary Central Banks

The central bank of Argentina is planning to devalue ARS this week. This will encourage the commodities sellers, and thereby the country will able to increase foreign reserve, which is scared at present. The BCRA is...

Czech Republic's unexpectedly low inflation likely to lead to no policy reaction from CNB

Dec 16, 2015 07:39 am UTC| Commentary Central Banks Economy

Czech National Banks repurchase rate is currently at 0.05%, while the market participants expect it to be kept steady in its upcoming meeting at 0.05%. CNB is not set to take any action regarding its monetary policy in...

Emerging Market Crisis Series

Brazil retail sales likely to indicate persisting drop in Q4 consumption

Dec 16, 2015 07:30 am UTC| Commentary

Brazil retail sales for the month of October is likely to drop to -1.1% mom as expected by the market consensus, while the retail sales year on year are expected to record a decline to -8.3%. There is a sharp rise in...

UK October earnings growth likely to drop

Dec 16, 2015 07:22 am UTC| Commentary

UK average weekly earnings 3M is expected by the market consensus to drop to 2.5% yoy in the month of October, from that of its previous value of 3%, while weekly earnings excluding bonus 3M is likely to record a slight...