Hungary's growth to remain subdued relative to peers, 2016 real GDP likely at 2.1 pct - Fitch

Nov 21, 2016 16:03 pm UTC| Economy Commentary

Fitch Ratings Agency on Friday affirmed Hungarys Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at BBB- with a Stable Outlook. The issue ratings on Hungarys senior unsecured foreign and local currency...

Hong Kong economic outlook remains sub-par amid global uncertainties

Nov 21, 2016 12:01 pm UTC| Commentary Economy

The economic outlook of Hong Kong is expected to remain sub-par amid global uncertainties, although economy continued to improve in 3Q 2016, up from the 1.7 percent y/y to 1.9 percent y/y. Growth in private consumption...

Central Banking Series

Central Banking Series

Central Banking Series

Rising US dollar reduces pressure on Bank of Japan to act

Nov 21, 2016 11:52 am UTC| Insights & Views Economy Central Banks

Bank of Japan at the start of the year reacted by surprisingly lowering its interest rates on part of the bank reserves into negative territory. In its September meeting, the central bank changed its monetary policy...

Improvement in global debt market, stabilizing dollar likely to ease Polish zloty in near-term

Nov 21, 2016 10:55 am UTC| Commentary Economy

Improvement in theglobal debt market, coupled with signs of stabilization in the greenback is expected to bring about some relief to the Polish zloty. Poland stands by its plans to transfer 25 percent of pension fund...

A circular fashion economy is about more than clothes

Nov 21, 2016 09:50 am UTC| Insights & Views Business Economy

When you shop for a new jumper, how much thought do you give to the fate of the one it will replace? Do you dump a jacket because it starts to look ragged, or falls out of fashion? More and more, the clothing industry is...

Upside bias likely to persist for USD/MYR in near-term following domestic political chaos

Nov 21, 2016 09:02 am UTC| Commentary Economy

Upside bias in the USD/MYR currency pair is expected to persist in the near-term following ongoing domestic political chaos, like the protests against the government related to the ongoing 1MDB investigations...

Oil in Global Economy Series

Crude oil prices likely to remain volatile into end-2016 on uncertainty over OPEC production cut

Nov 21, 2016 07:44 am UTC| Commentary Economy

Global crude oil prices are expected to remain volatile through the end of this year, following uncertainty over a production freeze by the Organization of the Petroleum Exporting Countries (OPEC). Also, Russias vagueness...