BRL devaluation impact likely to be feeding through to upside inflation dynamics
Nov 25, 2015 03:40 am UTC| Commentary
Brazils businesses and consumers gloomy outlook can be observed in confidence indices, which are at historical lows accross the board bodes poorly for durable goods demand and infact, for whole non-essential...
Will the SNB cut rates further?
Nov 24, 2015 17:32 pm UTC| Commentary
After the contraction in the first quarter, the second quarter in Switzerland turned out to be much better than expected (0.2% QoQ, instead of the -0.1% median expectation). This means that Switzerland avoided a technical...
Turkey's CBT may adjust its deposit rate after Fed's hike
Nov 24, 2015 09:17 am UTC| Commentary Central Banks
CBT is expected to discuss on bank rate today, but no major policy change is expected from the Bank. If the Fed hikes rate in December, the CBT may adjust its deposit rate at the next meeting. A new economic management...
PBoC's further rate cut likely in near future
Nov 24, 2015 09:08 am UTC| Commentary Central Banks
The industrial profits in state-owned enterprises (SOEs) of China are fallen by 9.2% y/y YTD in October. Corporate indebtedness has raised the credit concerns among commercial banks and poses a significant downside risk to...
Saudi's USD/SAR's peg likely to break?
Nov 24, 2015 05:27 am UTC| Commentary
Off-late oil price declines have driven the speculations higher about the USD/SAR pegs breaking possibility. This is unlikely. 12 month forwards are already setting to price in SAR weakness. This clearly signals that...
South Africa's SARB likely to hike 25bp further in January
Nov 24, 2015 04:45 am UTC| Commentary
The SARBs 25 bp repo rate hike last week to 6.25% was promising that ZAR/USD recovered from its lowest of 14.44, and it has outperformed most of its EM country currency peers in the week. The increased currency...
Central Bank of Turkey to remain on hold
Nov 24, 2015 04:02 am UTC| Commentary
There is high vulnerability of the central bank to pressures politically. The new policy mix in Turkey will result in easing the domestic monetary conditions overall. Hence, in a politically motivated scenario, i.e....
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’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects