Further near-term rate cut from BOT unlikely, policy to stay accommodative this year
Mar 25, 2015 06:59 am UTC| Commentary
Barclays notes.. We think the March cut was likely a one-off, aimed at pre-empting a further decline in confidence, and that this reduces the risk of an additional near-term move - particularly given the degree of...
Bank of Thailand MPC Minutes suggest limited concern over THB strength
Mar 25, 2015 06:51 am UTC| Commentary
The Bank of Thailand released the minutes of the 11 March MPC meeting this morning.The most notable take was the reference to recent THB strength, which the MPC attributed to "fundamental flows", such as the recent...
Geographical breakdown of cross-border M&A favors developed markets
Mar 25, 2015 06:20 am UTC| Commentary
The geographical breakdown of cross-border MA flows continues to suggest that developed markets (DM) remain the most significant driver for MA activity.Since the start of the year, Europe (which includes non-Euro Area...
Cross-border M&A continues to improve into 2015
Mar 25, 2015 06:14 am UTC| Commentary
2014 was the strongest year for global cross-border MA since the financial crisis with the deal count approaching 2011 levels .This is only the second time since the turn of the millennium that global cross-border deal...
Mar 25, 2015 06:05 am UTC| Commentary
Bank of America Merrill Lynch says.. In a note published last year we analyzed the impact of cross-border MA activity on currencymarkets. We concluded that the impact of MA is a far more pervasive driver for FX via the...
Daily Economic Outlook: Lloyds Bank
Mar 25, 2015 05:59 am UTC| Commentary
We look for a fifth consecutive rise in the German IFO business survey to 107.4 in March, slightly above the market consensus forecast of 107.3. This would be the highest level for the headline index in eight months and...
East-west divergence in global manufacturing
Mar 25, 2015 05:23 am UTC| Commentary
The euro area continues to have momentum. Manufacturing confidence increased to 51.9 from 51.1, exceeding market expectations (51.5) and reaching its highest level since June 2014. New orders increased even more markedly,...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects