FxWirePro: Government’s feud with RBI takes out another governor

Dec 10, 2018 14:22 pm UTC| Commentary Central Banks

Two governors gone in a little more than two years, plunged the Indian Central Bank into an unprecedented crisis, as central bankers remain locked in a battle over the central banks independence with the government in...

Italian industrial production rises sequentially in October

Dec 10, 2018 14:20 pm UTC| Commentary

Italian industrial production rebounded slightly on a sequential basis in October. The seasonally adjusted industrial production index rose 0.1 percent, as compared with consensus expectations of a fall of 0.3 percent. In...

Norwegian core inflation accelerates in November on higher food prices

Dec 10, 2018 14:01 pm UTC| Commentary

Norwegian core inflation came in above Norges Banks forecast in November, owing to increased food prices. Core inflation accelerated to 2.2 percent year-on-year from Octobers 1.6 percent, as compared with Norges Banks...

Fed Hike aftermath Series: Hike probabilities over coming meetings

Dec 10, 2018 13:50 pm UTC| Commentary Central Banks

FOMC increased interest rates in March, June and in September. Increased its forecast from three rate hikes in 2018 to four rate hikes. September decision was unanimous. Current Federal funds rate - 200-225 bps (Note, all...

Danish inflation remains unchanged in November, likely to average 0.8 pct in 2018

Dec 10, 2018 13:33 pm UTC| Commentary

Denmarks headline inflation remained the same in November. On a year-on-year basis, the consumer price inflation came in at 0.8 percent, while the core rate rose to 0.7 percent. Danish inflation remains low compared to the...

Turkish economy contracts in Q3 2018, likely to further contract mildly in Q4

Dec 10, 2018 13:01 pm UTC| Commentary

The Turkish economy slipped into recession in the third quarter of this year as most observers had expected. The economy contracted 1.1 percent quarterly and is likely to further contract mildly in the next quarter, noted...

Australian housing finance recovers in October, further credit tightening to weigh on housing market

Dec 10, 2018 12:02 pm UTC| Commentary

Australian housing finance recovered in October, with some rebound throughout each of the owner-occupier first home buyer, and investor segments. On a sequential basis, housing finance rose 3 percent in October, although...