U.K. monthly industrial orders improve in November, better than market expectations

Nov 22, 2016 12:39 pm UTC| Commentary Economy

Monthly industrial orders balance improved heavily during the month of November, coming in better than what markets had initially anticipated. This was the healthiest since the Brexit vote on June 23 as near-term outlook...

US interest expectations overweigh commodity price rise, likely to ensure gradual AUD depreciation against USD

Nov 22, 2016 12:11 pm UTC| Insights & Views Economy

The Australian dollar has seen notable appreciation since the start of the year. AUD had almost reached alarming heights of around A$0.79 against the USD, when the RBA reacted in May and as recently as in August and...

South Africa’s unemployment rate hits record high in Q3, signals ailing labor market

Nov 22, 2016 11:15 am UTC| Commentary Economy

Unemployment rate in South Africa hit its record-high, at least in eight years, during the third quarter of this year, signaling a continuous depression in the countrys labor market. The jobless rate rose to 27.1...

India likely to witness a weak Q4 on adverse demonetization effects, says Fitch Ratings

Nov 22, 2016 10:20 am UTC| Commentary Economy

The Indian economy is expected to witness a weak fourth quarter, following adverse effects of demonetization that affected the informal sector in a large way. The demonetization of large-denomination bank notes has caused...

Thailand 2017 economic growth likely at 3.5 pct, says DBS

Nov 22, 2016 09:51 am UTC| Commentary Economy

The economic growth of Thailand is expected to come in at 3.5 percent, despite risks of downward pressure on the economy. While the overall performance of the economy in 3Q would have disappointed many, there seems no...

Downside risks persist in the euro area on uncertainty over Trump administration

Nov 22, 2016 09:20 am UTC| Commentary Economy

The Eurozone economy is subjected to a wide array of downside risks, concerning uncertainty over the new President-elect Donald Trumps administration and its possible consequences for EU skepticism in the euro...

Central Banking Series

Central Banking Series

Central Banking Series

Swiss National Bank to remain active on FX market to prevent CHF from appreciating against EUR

Nov 22, 2016 08:53 am UTC| Commentary Economy Central Banks

In early 2015, the Swiss economy coped up quite well with the end of the EUR/CHF minimum exchange rate. In the second quarter of this year, the Swiss economy registered an impressive growth of 0.6 percent in sequential...