China’s FX reserves data may lay down negative tone for EM in coming week
Feb 05, 2016 09:34 am UTC| Commentary Central Banks
Chinas data of FX reserves might lay down a negative tone for emerging markets in the coming week, particularly if the likelihood of a sharp decline in reserves proves correct. Moreover, the overall activity might be...
January non-farm payroll preview
Feb 05, 2016 09:31 am UTC| Commentary
Today NFP report is to be published at 13:30 GMT from US. What is NFP report? NFP or non-farm payroll report is the monthly statistics on labor condition in the US released by US department of labor statistics....
Morgan Stanley cuts Crude forecast $30/barrel for 2016
Feb 05, 2016 08:57 am UTC| Commentary
No matter how sharp the rallies are, crude is finding wave of selling pressure. Two days back North American benchmark, WTI staged a more than 8.5% rally after dropping below $30/barrel, however there hasnt been much of a...
China sets growth target of 6.5%-7% for 2016
Feb 05, 2016 08:01 am UTC| Commentary Economy
China has stated that it has set up 2016 growth target range of 6.5%-7% after a 2015 target of around 7% growth. The lower end of 6.5% shows the growths minimum average rate required to meet in the next five years to...
BOJ easing success or failure?
Feb 05, 2016 07:56 am UTC| Commentary Central Banks
Bank of Japans (BOJ) easing has been much criticized and called a failure as it failed to boost both Nikkei and Yen. Yen is now stronger than it was before Bank of Japan (BOJ) announced negative rates. Nikkei has reversed...
Taiwan’s January inflation accelerates on utilities
Feb 05, 2016 07:53 am UTC| Commentary
Taiwans inflation accelerated 0.81% in January, as compared with Barclays forecast of 1% and consensus expectation of 0.75%. Utilities mainly drove the rise in headline inflation. It had entered a low base in January 2015...
India’s Q3 FY16 GDP growth likely slowed over continued weakness in domestic and external demand
Feb 05, 2016 07:24 am UTC| Commentary
Indias Q3 FY16 GDP is forecast to expand by 7.3% y/y, slightly lower than Q2s growth of 7.4%. The persistent weakness in domestic and external demand is expected to have depressed the overall growth in Q3 FY16 and that the...
U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%.