Currency War Series

Singapore's MPS likely to stand pat till April 2016

Dec 24, 2015 07:15 am UTC| Commentary Central Banks

Singapores November IP dropped 5.5% yoy, which was much below expectations. On a seasonally adjusted month on month basis, the output dropped 3.6% mom sa, reversing the gains of September and October. The headwinds of...

Bank of Japan November meeting Minutes

Dec 23, 2015 23:54 pm UTC| Central Banks

Full text is here:Minutes of the Monetary Policy Meeting on November 18 and 19,...

Currency War Series

Mexico CPI: Forget about inflation in the near future, Banxico will follow the Fed

Dec 23, 2015 21:22 pm UTC| Commentary Central Banks

Mexicos CPI increased 0.26% 2w/2w in the first fortnight of December as a result of price increases in airfares and tourism services, partially compensated by lower prices in some durables such as televisions and tires....

Currency War Series

Malaysia's BNM likely to remain on hold through 2016

Dec 23, 2015 05:32 am UTC| Commentary Central Banks

Inflation rate in Malaysia is moving in upward trend as it posted 2.6% year on year increase in November. The higher inflation rate is largely contributed by tobacco prices. The Malaysian government raise taxes in the...

India’s external sector performance remains robust

Dec 23, 2015 03:46 am UTC| Commentary Central Banks Economy

Reserve Bank of India released the countrys balance of payments data for third quarter of this year yesterday, which report indicates that the performance of Indias external sector remains strong and the current account...

India's capital account and financial account flows remain largely supportive

Dec 23, 2015 03:40 am UTC| Commentary Central Banks

Indias central bank, RBI announced its balance of payments for the calendar quarter Q3 2015 on December 22. There is a marginal decline in the countrys current account deficit in third quarter, which was widening to...

Currency War Series

Israel rate hikes are still a long way off

Dec 22, 2015 12:45 pm UTC| Commentary Central Banks

Israel growth was a little disappointing in latest quarters, specifically with the exports being weak. The Bank of Israel is likely with a dovish bias, but does not want to move into negative rates or implement other...