Rate cuts from RBA unlikely in coming months, further easing on cards over 2017

Nov 15, 2016 12:28 pm UTC| Insights & Views Economy Central Banks

Minutes of the Reserve Bank of Australias (RBA) November 1 meeting where the bank left the cash rate unchanged at a record-low 1.5 percent were released earlier on Tuesday. In its minutes the RBA said that the risks to the...

Taiwan likely to grow 2 pct in 2017, although still below potential

Nov 15, 2016 12:24 pm UTC| Commentary Economy

The Taiwanese economy is expected to grow by about 2% in 2017, faster than in 2016 but still below potential. Also, the labor market will recover but not significantly, while inflation will remain stable and low at about 1...

Fed rate hike expectations likely to outweigh on BoJ’s policy outlook in near-term

Nov 15, 2016 11:59 am UTC| Commentary Economy Central Banks

Fed rate hike expectations and the USDs movements will likely continue to outweigh the BoJs policy outlook to drive market developments in the near term. The dollars broad-based rally, as a result of high expectations...

U.K. consumer inflation surprisingly slows in October on subdued clothing, education sectors

Nov 15, 2016 11:27 am UTC| Commentary Economy

Consumer inflation in the United Kingdom unexpectedly slowed during the month of October, following pressure from the clothing and education sectors. Consumer-price growth was 0.9 percent compared with 1 percent in...

India wholesale prices ease in October, encourage RBI to adopt further easing measures

Nov 15, 2016 09:29 am UTC| Commentary Economy

Wholesale prices in India eased during the month of October, encouraging the RBI to undertake further easing measures in the next monetary policy meeting scheduled in December. However, prices rose for the 17th consecutive...

U.S. business inventories likely to rise in September despite weakness in H1 2016

Nov 15, 2016 08:26 am UTC| Commentary Economy

The September Commerce Department business inventories report will be released Tuesday, 15 November at 10:00EST (15:00GMT). We expect business inventories will increase +0.2 percent m/m, following the +0.2 percent m/m...

Today’s inflation figure crucial for sterling at key resistance

Nov 15, 2016 08:10 am UTC| Commentary Economy Central Banks

After the Brexit referendum in the United Kingdom, sterling suffered a devaluation against its major trading counterparts and as a result of that, in July, inflation reading surprised to the upside. After the initial calm,...