Chart of the Day Series

Chart of the Day: Surprising ahead

Feb 08, 2017 19:38 pm UTC| Commentary Economy

Since October last year, the eurozone economy has been giving more positive surprises compared to their bigger, North Atlantic counterpart. However, the economy is hardly in question, when it comes to the Eurozone; its...

IMF board divided over assessment of Greece's fiscal performance and debt sustainability

Feb 08, 2017 16:40 pm UTC| Commentary Economy

The International Monetary Fund (IMF) in an Article IV Consultation report released on Monday said that Greeces economy is set to expand just below 1 percent in the long term and the government could attain the primary...

Upturn in global growth probably sustainable, says Wells Fargo

Feb 08, 2017 16:24 pm UTC| Commentary Economy

In a monthly economic outlook, Wells Fargo Economics Group said they expect that global economic growth may be starting to awaken from its year-long slumber. Recent data has shown that GDP growth in the United States in...

RBI unexpectedly leaves rates unchanged, slashes growth outlook

Feb 08, 2017 14:55 pm UTC| Commentary Central Banks Economy

The Reserve Bank of Indias (RBI) monetary policy committee, headed by Governor Urjit Patel, unexpectedly left the main interest rate unchanged at 6.25 percent. The RBI lowered GDP growth forecast for this fiscal to 6.9...

BoJ board members upbeat regarding Japan’s economic outlook, but cautious on inflation expectations

Feb 08, 2017 12:40 pm UTC| Insights & Views Economy

The summary of opinions by the Bank of Japan (BoJ) monetary policy board members published earlier today showed that majority of the board members are of the belief that Japans economy is headed for a recovery. BoJ board...

Bank of Thailand maintains benchmark rate at 1.50 pct, widely in line with market consensus

Feb 08, 2017 07:49 am UTC| Commentary Economy Central Banks

The Bank of Thailand (BoT) has kept its benchmark interest rate unchanged at the monetary policy meeting held Wednesday, in a unanimous decision by all members of the board. This is the 14th straight policy meeting where...

Renminbi Series

Renminbi Series: Yuan trade payments at lowest in three years

Feb 08, 2017 06:34 am UTC| Commentary Economy

Things are not going to well for the yuan these days, especially in terms of internationalization and acceptance. After President Donald Trump offered his protectionist view in his presidential inauguration, officials in...