Indian government takes major FDI liberalization moves, key reform approvals remains a challenge

Nov 11, 2015 05:37 am UTC| Insights & Views Economy

Inorder to increase inflows to India , the government has taken many steps in a major liberalisation of FDI regime. 15 sectors FDI regulations have been eased, limit on Foreign Investment Promotion Board(FIPB) is extended...

No improvement in Chile’s economy, while inflation has declined

Nov 11, 2015 00:08 am UTC| Commentary Economy

There is no sign of significant improvement in Chiles growth outlook (although September growth number surprised to the upside) since the last meeting and the economy continues to grow significantly below its trend, which...

UK housing survey to provide update on approvals trend

Nov 10, 2015 00:34 am UTC| Commentary Economy

UK September lending data delivered a surprise fall in mortgage approvals. Housing demand conditions remain firm with the problem being more one of unresponsive supply rather than demand weakness. We had thought that...

Time for Chinese activity growth to rebound

Nov 09, 2015 23:17 pm UTC| Commentary Economy

It has been six months since the bottoming out of credit growth. Past history suggests that activity growth should start to turn up now. Earlier this month, the Caixin manufacturing PMI report improved more than expected...

French industrial production to have remained firm in September

Nov 09, 2015 22:14 pm UTC| Commentary Economy

As expected, French industrial production bounced back in August following a disappointing July, mainly due to manufacturing output. The numbers for September is expected to continue to paint a solid picture with a 2.5%...

Russian inflation remains elevated, concerns central bank

Nov 06, 2015 09:03 am UTC| Commentary Central Banks Economy

Russian inflation remains persistant, this is also explained by the consumer price data, which was 0.7% mom for October climbing 0.1% from that of previous month. Russian central bank had not cut rates any further...

Demand conditions remain a major concern for Indonesia

Nov 05, 2015 06:45 am UTC| Commentary Economy

Bank of Indonesias retail sales survey is at its lowest level, which signals persistent weakness. Exports saw a 13 straight month contraction. The household demand also dropped below 5% in Q2 2015. Indonesias credit...