ECB may easy monetary policy further

Dec 08, 2015 06:11 am UTC| Commentary

Euro area is expected to post a sluggish growth rate in 2016. Rising non-performing loans, higher corporate and private debt, lack of significant economic reforms, and downward trend in housing prices in Italy and France...

Draghi's November comments likely improved German economy's price competitiveness

Dec 08, 2015 05:38 am UTC| Commentary

ECB President Mario Draghi at least achieved his goal, in November, till where EUR is concerned. He had made repeated comments that further monetary easing would be imminent, and the currency depreciated against most in...

Daily Economic Outlook: 8th December, 2015

Dec 08, 2015 05:32 am UTC| Commentary

In the United States, NFIB index for November and JOLTS Job Opening will be in focus. The NFIB index is expected to confirm a modest improvement in activity in the small business sector for November, argues Lloyds...

Russia's 2015 capital outflow likely to drop to USD55bn

Dec 08, 2015 05:19 am UTC| Commentary

Russias capital outflows are likely to be subdued after a significant hiking in Q4 2014 by the declining oil prices and continued RUBs relative strength, sending the net flows into positive territory in Q3 15 for the first...

No cheer in China’s trade data

Dec 08, 2015 05:18 am UTC| Commentary

Chinas exports dropped for fifth consecutive month and import continued to slump for 13th consecutive month in November, highlighting fear of further slowdown in worlds second largest economy. Commodity exporters to China...

U.S. labor improvement continues at moderate pace

Dec 08, 2015 05:13 am UTC| Commentary

The Federal Reserves Labor Market Conditions Index (LMCI) increased for seven consecutive months in November with a moderate growth of 0.5 points. The LMCI index posted a solid growth in previous month as it increased by...

Higher Fed funds rate may raise arbitrage

Dec 08, 2015 05:12 am UTC| Commentary Central Banks

The U.S. Federal Reserve is holding more bonds; as a result, total USD reserves in the Fed funds system have increased to USD 2,500 billion, which is more than reserve requirement. The depository institutes, who have...