Philippines’ January inflation moderates, likely to remain in BSP’s target range over 2016-2017
Feb 05, 2016 05:14 am UTC| Commentary
Inflation in the Philippines moderated to 1.3% in January from 1.5% in December, on par with Barclays and consensus expectations. Food inflation is expected to have remained below the central banks target range of 2%-4% as...
Bank of England cuts inflation and growth projections, unlikely to hike rates soon
Feb 05, 2016 04:46 am UTC| Commentary
The Bank of England, in its latest Inflation Report, has again revised its inflation and growth forecast downwards. Also, the revised forecasts are again conditioned on a record low market rate profile. The interest rate...
Guide to today’s important data and events
Feb 05, 2016 04:17 am UTC| Commentary
Not many economic dockets scheduled for today. Focus on NFP report. Data released so far - Australia - Retail sales remained flat in December. Upcoming - Japan - Leading economic index and coincident index will...
Asian markets trading on mix note ahead of NFP job data
Feb 05, 2016 03:39 am UTC| Commentary
The long awaited day is here. US will publish NFP job data as well as unemployment rate later today. The US economy is forecast to have added around 189,000 jobs last month, almost half the 292,000 jobs reportedly added in...
India's growth to ease modestly in the December quarter
Feb 05, 2016 02:46 am UTC| Commentary
Indias GDP numbers are likely to signal that growth eased modestly towards late-2015 and remained uneven across sectors. The real GDP growth likely expanded 7.2% YoY in Oct-Dec15 (3Q FY15/16), from 7.4% the quarter before....
Mixed economic data but services sector still expanding
Feb 04, 2016 19:41 pm UTC| Commentary
Speculation on the possibility of an economic recession has increased in the last few months. The manufacturing sector has been contracting for the last four months and todays report of new orders for U.S. factory goods in...
February UK MPC Minutes-slightly dovish than expected
Feb 04, 2016 15:56 pm UTC| Commentary Central Banks
The Bank of England delivered more dovish signals than expected at todays Super Thursday. The central bank said its policy committee members voted 9-0 to keep interest rates on hold . The BoE also released quarterly...
U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%.