Central Banking Series

Czech National Bank likely to keep policy unchanged in December

Dec 22, 2016 06:14 am UTC| Commentary

The Czech National Bank is unlikely to make any changes in its guidance in its upcoming meeting today and is expected to keep its policy unchanged. The central bank has already received two early Christmas gifts. Firstly,...

U.K. consumer confidence improves in December; general economic outlook still remains cloudy

Dec 22, 2016 06:10 am UTC| Commentary Economy

Consumer confidence in the United Kingdom improved during the month of December, although overall economic outlook remained cloudy during the period. Consumer confidence in the United Kingdom was marginally better in...

New Zealand GDP jumps more than market expectations; expect RBNZ to remain on hold in near future

Dec 22, 2016 05:14 am UTC| Commentary Economy

The gross domestic product (GDP) of New Zealand jumped more than what markets had initially anticipated, during the third quarter of this year. However, it remained below the Reserve Bank of New Zealands (RBNZ) target...

U.S. existing home sales surge to highest since global financial crisis, likely to lead Q4 GDP

Dec 22, 2016 04:30 am UTC| Commentary Economy

Existing home sales in the United States surged to the highest level since the global financial crisis in 2007-08, ahead of an anticipated jump in borrowing costs. Buyers, therefore, stocked up home purchases before...

Asian markets in red, gold flat at $1,130

Dec 22, 2016 03:51 am UTC| Commentary

All the major Asian indices were trading on a lower note on the Thursday. Gold was trading flat at $1,130 mark while silver was trading around $15.90 marks. South Koreas Kospi was trading 0.09 percent lower at 2,036.92...

Chart of the Day: Decay in productivity

Dec 21, 2016 19:45 pm UTC| Commentary

This chart shared by Cleveland Fed shows by far the biggest challenge for the newly elected President of the United States Donald Trump. As the productivity growth declined to the lowest level in 36 years, it is clear...

Central Banking Series

PBoC may start another round of policy easing by Q2 2017 – Deutsche Bank

Dec 21, 2016 16:40 pm UTC| Commentary Economy Central Banks

Growth stability in China has alleviated concerns over a hard landing, as quasi fiscal spending pushes up infrastructure investment. Upbeat property market is largely driving stability in Chinas activity data. Chinas GDP...