China's NDRC unveils series of measures to promote private investment growth

Oct 13, 2016 13:32 pm UTC| Commentary

Chinas National Development and Reform Commission (NDRC) said in a document on Wednesday that the authorities have unveiled a raft of policies to promote the healthy growth of private investment in China. China aims to...

Modest upside pressure on USD/INR likely in coming months

Oct 13, 2016 12:37 pm UTC| Commentary

In the past month, the Indian rupee has remained almost unchanged against the USD despite the RBI lowering its key interest rate by 25 basis points. The stability in rupee, to a larger degree, shows reform efforts aimed at...

NZD/USD likely to depreciate moderately towards 0.70 by end-2016

Oct 13, 2016 12:18 pm UTC| Commentary

The NZD/USD currency pair has come back towards 0.70 after increasing to a 16-month high above 0.74 in early September. The NZD/USD pair has moved back and forth with improvements in the domestic economic outlook and...

Poland’s current account deficit seems to have narrowed in August

Oct 13, 2016 11:50 am UTC| Commentary

Polands current account is expected to have come in deficit again in August. According to a Societe Generale research note, the country is likely to have recorded a current account deficit of about EUR 298 million in...

China’s CPI inflation likely accelerated further in September

Oct 13, 2016 11:42 am UTC| Commentary

Chinas producer price index is likely to have stopped contracting for the first time in 55 months in September. Meanwhile, the nations consumer price index is expected to have increased to 1.6 percent year-on-year from 1.3...

ECB likely to announce extension of asset purchases in December, unlikely to cut policy rates

Oct 13, 2016 11:32 am UTC| Commentary

The European Central Bank continues to be concerned about political risks and about the health of parts of the euro banking sector that might have a possible negative effect on the policy measures effectiveness to boost...

Hungarian forint eases after reading dovish meeting minutes from the NBH

Oct 13, 2016 11:23 am UTC| Commentary Economy

The Hungarian forint eased Thursday after reading dovish monetary policy meeting minutes from the National Bank of Hungary. The HUF depreciated yesterday, partly due to global risk-off sentiment and partly as a result of...