Malaysian exports witness sharpest fall since April 2015, beats market expectations

Dec 07, 2016 11:23 am UTC| Commentary Economy

Exports in Malaysia witnessed the sharpest fall since April last year, largely beating what markets had initially anticipated. Malaysias exports in October fell 8.6 percent from a year earlier, the biggest drop since...

U.K. industrial production posts steeper decline in October, worse than market expectations

Dec 07, 2016 10:50 am UTC| Commentary Economy

Industrial production in the United Kingdom posted a steeper decline during the month of October, coming in worse than what markets had initially anticipated. Also, this fall recorded the sharpest in oer four years. UK...

U.K. house price growth slows in November, weakness to persist in near-term

Dec 07, 2016 10:27 am UTC| Commentary Economy

Housing price growth in the United Kingdom slowed during the month of November, as consumers felt the heat of rising prices, higher than the rise in their wages. Also, it is expected to remain weak in the near term. The...

China’s forex reserve decline in November surpasses expectations

Dec 07, 2016 10:26 am UTC| Commentary Economy

The median expectation according to a survey by Bloomberg was that Chinas FX reserve would decline by 1.9 percent in November; instead, it declined by 2.2 percent or 469.1 billion, the biggest monthly outflow since...

Central Banking Series

RBI keeps policy rate unchanged with an objective to achieve 4 pct inflation in medium-term

Dec 07, 2016 09:22 am UTC| Commentary Central Banks Economy

The Reserve Bank of India (RBI) kept the benchmark repo rate unchanged at the two-day bi-monthly policy decision, concluded Wednesday, based on an overall assessment of the macroeconomic conditions, with an objective of...

Fundamental Evaluation Series: USD/CHF vs. yield divergence

Dec 07, 2016 08:50 am UTC| Commentary Economy

In recent days, Swiss francs correlation with the 2-year yield spread (US-Swiss 2 year) has risen to 78 percent and time on time again it shows relatively high positive correlation, as high as 90 percent at times. Just...

Economic, political uncertainties likely to weigh on South Korea’s GDP growth

Dec 07, 2016 08:34 am UTC| Commentary Economy

The outlook for domestic demand is deteriorating. Consumer confidence has fallen sharply in the wake of the political storm caused by President Parks scandal. Given a messy political situation, it has also become doubtful...