Currency War Series

BoT likely to keep rates unchanged in 2016

Jan 29, 2016 11:30 am UTC| Commentary Central Banks

Bank of Thailands December economic report stated that the economy grew at a moderate pace on the back of domestic demand, amid weakness in the rural economy. The agriculture income remained subdued; however, it grew...

Spanish political uncertainties likely to weigh on investment in H1 2016

Jan 29, 2016 10:18 am UTC| Commentary Politics

Spains preliminary GDP grew by 0.8% q/q in the fourth quarter of 2015, in line with consensus, maintaining a similar pace seen in the third quarter. The Preliminary GDPs growth was driven by contribution from net exports...

JGB yields dive negative up to seven years after BOJ actions

Jan 29, 2016 09:51 am UTC| Commentary

After Bank of Japan (BOJ) introduced negative rates for first time by cutting policy rates by 20 basis points to -0.1% and promises to do more as required, Japanese government bond yields have taken a nose dive, along with...

Post-BoJ German 2 year yield drops to lowest ever

Jan 29, 2016 09:38 am UTC| Commentary

Market is more certain after todays actions from Bank of Japan (BOJ), which reduced rates by 20 basis points to -0.1%, that European Central Bank (ECB) to be next in line in terms of easing. So 2016, is going to be another...

Mexican economy likely slowed down to 2.4% y/y in Q4

Jan 29, 2016 09:04 am UTC| Commentary

Mexicos economy is projected to have slowed down in Q4 to 2.4% y/y, as compared with the 2.6% y/y growth registered in Q3. The economy is expected to have expanded by 2.5% in 2015, indicating a moderate rebound from 2.3%...

South Korea’s manufacturing economy likely to continue losing momentum in 2016

Jan 29, 2016 08:41 am UTC| Commentary

South Korean December industrial output declined 1.9% y/y, slightly lower than Barclays projection of -3% and consensus expectation of -3.3%. Industrial production, on a seasonally adjusted basis, rose 1.3% m/m after...

Between the line details of BOJ monetary policy today

Jan 29, 2016 07:50 am UTC| Commentary Central Banks

Key highlights of the day is that Bank of Japan (BOJ), adopted negative interest rates for first time in its history. However in todays monetary policy statement and other release, there are some other details that...