China's new approach to fight outflow: loosening restriction on inflow
Feb 05, 2016 06:57 am UTC| Commentary
Chinas foreign exchange reserve shrank by $513 billion as capital account reversed course and Chinese policymakers have struggled to plug the outflow, part of which is foreign but large chunk of such is domestic money...
Bank of Mexico holds interest rate, peso’s recent depreciation major threat to inflation
Feb 05, 2016 06:43 am UTC| Commentary Central Banks
The Bank of Mexico kept the interest rate unchanged at 3.25%, on par with expectations. The central bank, in its statement, acknowledges a decline in growth outlook, both domestically and globally, and looks at the recent...
Yuan strengthens before Chinese New Year
Feb 05, 2016 06:33 am UTC| Commentary
PBoC might have tighten its grip on Yuan today, last official day of trading in China before week long holiday begins on Monday. Due to New Year China will remain closed for the week and most travel home during this time....
Indonesian GDP, worst since 2008/09 crisis
Feb 05, 2016 06:07 am UTC| Commentary
Indonesia registered slowest pace of growth since the financial crisis, despite besting forecast and previous quarter. December quarter turned out brighter, with 5.04% y/y growth while economists were expecting around...
RBA maintains 2016 inflation and growth projections, lowers 2017 growth forecast
Feb 05, 2016 06:04 am UTC| Commentary Central Banks
The RBA has kept the key inflation and growth projections unchanged for 2016. It has moderately lowered its projections for 2017 growth to 2.5%-3.5% from its earlier estimate of 3%-4%. The central bank has kept its 2017...
It’s not 1950, US manufacturing weakness unlikely to dent NFP
Feb 05, 2016 05:36 am UTC| Commentary
According to latest ISM figure, US manufacturing sector activities are contracting for third consecutive month and given the weakness in capital expenditure, lower commodity prices and it could persist at least through...
It’s not 1950, US manufacturing weakness unlikely to dent NFP
Feb 05, 2016 05:26 am UTC| Commentary
According to latest ISM figure, US manufacturing sector activities are contracting for third consecutive month and given the weakness in capital expenditure, lower commodity prices and it could persist at least through...
U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%.