U.K. retail sales likely to have dropped sequentially in December

Jan 19, 2017 11:20 am UTC| Commentary

The U.K. retail sales for the month of December are expected to have disappointed. The reports on the Christmas sales season have indicated a strong sales performance that has confused markets concerns of a set-back after...

Central Banking Series

ECB monetary policy preview

Jan 19, 2017 11:20 am UTC| Commentary Central Banks

Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 12:45 GMT, followed by thepress conference at 13:30 GMT. The meeting is to be held in Frankfurt. Current policy...

Hong Kong’s jobless rate remains at 3.3 pct for October-December, labor market to remain tight in near term

Jan 19, 2017 11:15 am UTC| Commentary

Hong Kongs Census and Statistics Department, the seasonally adjusted jobless rate remained flat at 3.3 percent for October-December, the same as in September-November. The underemployment rate also stayed unchanged at 1.4...

Briferendum Aftermath Series

Briferendum aftermath Series: Sturgeon likely to strike for independence post-negotiation

Jan 19, 2017 11:04 am UTC| Commentary

From the British Prime Minister Theresa Mays speech addressing Brexit concerns, one can easily see that The Prime Minister has rejected the idea of a special relationship between Scotland and the European Union. Scots,...

USD/MYR likely to jump to 4.60 by year-end, says Commerzbank

Jan 19, 2017 10:31 am UTC| Economy Commentary

The USD-MYR is likely to jump to 4.60 by end of 2017 from the current level of 4.45. The upside bias for USD-MYR persisting in the near term as Malaysia Ringgit remains vulnerable to further capital outflows, especially if...

UK gilts sink following heavy sell-off in U.S. Treasuries, December retail sales in focus

Jan 19, 2017 10:18 am UTC| Commentary

The UK gilts sunk Thursday following heavy sell-off witnessed in the U.S. Treasuries post the hawkish comments delivered by the Federal Reserve Chair Janet Yellen late Wednesday. Also, investors are looking forward to the...

Polish wage growth slows sharply in December, may remain subdued in 2017

Jan 19, 2017 10:07 am UTC| Commentary

The Polish labor market data that was released yesterday underlined the risks to prematurely concluding that inflation pressure is accelerating, noted Commerzbank. Polands employment continued to grow at a stable rate in...