Indian government’s export targets are unlikely to be met
Apr 10, 2015 05:35 am UTC| Commentary
The Indian government last week published its Foreign Trade Policy (FTP) for 2015-2020. The most significant target that has been set is to almost double exports of goods and services to US$900bn in FY20/21 (the fiscal...
Apr 10, 2015 01:58 am UTC| Commentary
Trading in the fed funds market is significantly different than it was when the Fed last raised interest rates in 2006. Balance sheet pressures, risk aversion, and shifts in dealer behavior are pushing (some) repo rates...
German Industrial Production overall disappointing
Apr 10, 2015 00:38 am UTC| Commentary
German Industrial Production for February was overall disappointing despite a higher than expected 0.2% m/mheadline reading (cons: 0.1% m/m), due to a very large downward revision to the January print (-0.4% from...
BoE meeting a non-event with policy leaving unchanged
Apr 10, 2015 00:30 am UTC| Commentary
The BoE meeting was a non-event with the MPC leaving policy unchanged, as universally expected. More interesting for markets will be UK industrial production and construction output for February, out this afternoon.Recall...
China's March CPI inflation likely to slip
Apr 10, 2015 00:17 am UTC| Commentary
Chinas march CPI inflation number is likely to slip further with consensus looking for a fall from 1.4%y/y to1.3%y/y, further from the Governments 2015 target of "around 3%"."We view the 7% GDP growth target and 3% CPI...
MAS to recentre the SGD NEER downwards
Apr 09, 2015 23:30 pm UTC| Commentary
The Monetary Authority of Singapore (MAS) will announce its monetary policy decision on 14 April. The consensus view appears to be divided on what it will do with the Singapore dollar nominal effective exchange rate (SGD...
Apr 09, 2015 23:05 pm UTC| Commentary
Japan will release February machinery orders (MoR) and March PPI inflation on 13 April. The MoR is expected to have declined by 2.0% m/m in February after dropping 1.7% m/m in January."Exports and industrial production...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects