China Crisis Series

Financial markets likely to remain unstable on growing Chinese economy worries

Feb 01, 2016 09:21 am UTC| Commentary Economy

Chinas worries continue to deteriorate as the two PMI indices remained below 50 in January for six consecutive months.The official PMI dropped to 49.4, however, the Caixin/Markit PMI data was better than expected as it...

BOK to cut 50 basis points or more in 2016 after BOJ shock

Feb 01, 2016 09:05 am UTC| Commentary Central Banks

After South Korean exports turned out to be far worse than expected, Bank of Korea is likely to follow up with its own easing. Economy at a glance - South Korea is fourth largest economy in Asia, with GDP growing...

Brazil’s industrial production likely declined in Q4, contraction pace likely to slow in 2016

Feb 01, 2016 08:55 am UTC| Commentary

Brazils industrial production is expected to have declined to 11.5% y/y in Q4, in spite of a likely first sequential gain in December of 0.3% m/m. IP had fallen by 9.6% y/y in Q3 after declining by 6.5% in Q2 and 5.8% in...

Sweden’s manufacturing PMI falls to 55.5 in January

Feb 01, 2016 08:54 am UTC| Commentary

Swedens manufacturing PMI dropped to 55.5 in January from Decembers 56, slightly lower than forecasts. The PMI, for the past three years, continues to be in the range of 51 to 56.5. Amongst the sub-indices, production was...

Emerging Market Crisis Series

South Korea’s exports ease in January, likely to remain weak in 2016

Feb 01, 2016 08:37 am UTC| Commentary

South Koreas exports in January declined 18.6% y/y, much lower than Barclays forecast of a decline of 12% and consensus expectation of a decline of 10.3%. This is the weakest exports data since August 2009. On a monthly...

China Crisis Series

Why PBoC needs to ease more—Part 2

Feb 01, 2016 07:08 am UTC| Commentary Central Banks

We, at FxWirePro, are with strong belief that Peoples Bank of China (PBoC) will and have to ease policy large in 2016. In first part we argued that current debt servicing cost of Chinese corporations standing above 30% of...

Currency War Series

Indonesia’s inflation accelerates moderately in January, may give way for further easing

Feb 01, 2016 06:47 am UTC| Commentary Economy Central Banks

Indonesias inflation accelerated moderately in January to 4.14%, as compared with Barclays expectations of 4.3% and consensus expectations of 4.26%. Inflation accelerated due to lower base, as fuel prices were reduced in...