China takes heavy-hand to settle market

Jul 09, 2015 16:36 pm UTC| Commentary

Chinas Shanghai A-Share exchange has fallen roughly 28% since hitting a peak on June 12th, after having risen 152% over the previous year. This is a classic case of a frothy stock market that is coming back down to earth,...

Fed remains cautious as ever, as they plan for future rate hikes

Jul 09, 2015 16:14 pm UTC| Commentary Central Banks

The minutes of the Federal Open Market Committee June 16-17th meeting were released Wednesday, in theory, giving some insight into the Feds thinking behind when they would begin normalizing policy. The Fed continued to...

Malaysia's GDP growth rate likely to moderate in Q2

Jul 09, 2015 12:42 pm UTC| Commentary

Bank Negara Malaysia (BNM) kept the policy rate unchanged at 3.25%.According to Barclays, the central bank remains comfortable with its monetary stance, as it remains supportive of growth, even with inflation rising at the...

Lower oil prices cause South Africa's headline inflation to fall

Jul 09, 2015 12:31 pm UTC| Commentary

South Africas headline inflation has dropped significantly in recent months. Lower oil prices seem to have a significant impact on headline inflation in SA. Headline inflation is significantly below SARBs reference rate,...

Justifications for the Norges Bank to ease in June

Jul 09, 2015 09:58 am UTC| Commentary

The Norges Bank finally delivered the summer rate cut.From a low of 3.2% in May last year, the unemployment rate has accelerated to 4.2% according to the latest LFS survey. At the same time, the Norges Bank has had to...

Sweden 2016 wage negotiations round in focus

Jul 09, 2015 09:45 am UTC| Commentary Economy

The Riksbank wants to see is EUR/SEK staying at its current levels of 9.30, given the emphasis put on SEK in supporting the CPI recovery. A rise in import prices via SEK devaluation is likely the quickest and most direct...

Divergent monetary policies a more powerful EUR driver than Greek risks

Jul 09, 2015 09:43 am UTC| Commentary Economy

Euro has remained relatively resilient, despite a substantial deterioration of the situation in Greece. Although Grexit risks are negative for the Euro, data and divergence of monetary policies are more important drivers....