Oil in Global Economy Series: Russia’s role in OPEC deal remains fuzzy

Oct 24, 2016 07:15 am UTC| Commentary

Russia has undoubtedly played a key role in uniting the OPEC members in September behind a surprising production freeze deal, where the OPEC agreed to accommodate exemptions for Libya, Iran, and Nigeria. While we remain...

Polish economy likely to feature sub-3 pct growth in Q3, says Commerzbank

Oct 24, 2016 07:11 am UTC| Commentary

Recent economic data released in Poland had already implied that the GDP growth is slowing at a rapid pace and the third quarter is expected to show a sub-3 percent growth print, according to Commerzbank. Last week, the...

Short-term JGBs slump as Japan returns to trade surplus in Sep; investors eye CPI figures

Oct 24, 2016 07:05 am UTC| Commentary

The short-term JGBs slumped Monday after recent data showed that the countrys trade balance returned to positive territory in September as exports declined at a much slower-than-expected rate. The benchmark 10-year bond...

Eurozone consumer confidence inches higher in October, in line with expectations

Oct 24, 2016 07:00 am UTC| Economy Commentary

Consumer confidence in the eurozone inched higher during the month of October, improving largely in line with what markets had initially anticipated. However, there was no market reaction post the release of the...

Thailand economy recovers at gradual pace, stable financial systems reflect resilience in economy

Oct 24, 2016 06:45 am UTC| Commentary Economy

Thailands economy is recovering at a gradual pace, with stable financial systems reflecting the resilience in the economy. The Bank of Thailand (BoT) Governor Veerathai however, mentioned in his speech last week that some...

Oil in Global Economy Series

Oil in Global Economy Series: OPEC suffers internal war over freeze deal

Oct 24, 2016 06:30 am UTC| Commentary

When it came out that a deal was reached between the OPEC member countries to freeze production between 32.5 million barrels per day to 33 million barrels, we asked our readers to keep their fingers crossed, at least until...

Singapore consumer prices fall for 23rd straight month in Sep, in line with consensus

Oct 24, 2016 06:22 am UTC| Commentary Economy

Consumer prices in Singapore fell for the 23rd straight month during the period of September, largely in line with what markets had earlier anticipated, which mainly reflected the smaller decline in private road transport...