U.S rate hike expectations fade after disappointing retail sales and PPI data

Sep 16, 2016 13:34 pm UTC| Commentary

U.S. retail sales posted the first monthly decline since March in August signaling caution about consumers ability to remain the primary driver of economic growth this year. Retail sales fell 0.3 percent in August to a...

Stronger U.S. CPI bolster case for Dec Fed rate hike, 10-year Treasury yields likely to rebound

Sep 16, 2016 13:02 pm UTC| Commentary

The US Treasuries is likely to snap previous session gains Friday as the United States consumer inflation climbed during the month of August, strengthening the case for a December interest rate hike by the Federal...

Domestic investment likely to drive Thailand's economic growth this year

Sep 16, 2016 11:59 am UTC| Commentary

In 2012 and 2013, the Thai economy suffered because of the prolonged political uncertainty. Following the military coup in 2014, the political climate eased slightly, but the consumer and investor confidence continue to be...

USD/JPY likely to trade at 104 over six to twelve-month horizon

Sep 16, 2016 11:49 am UTC| Commentary

The Bank of Japan is expected to disappoint relative to market pricing, implying that the currency pair USD/JPY is expected to trade lower when the central bank possibly keeps policy on hold next week. Momentarily, the...

Indian economy likely to expand over 7 pct this year

Sep 16, 2016 10:30 am UTC| Commentary

The Indian economy is mainly driven by domestic sector, dominated by private consumption. Indias GDP grew 7.5 percent in the first half of 2016 from 7.2 percent growth recorded in the fourth quarter of 2015. But the solid...

Bank of Japan unlikely to ease policy, likely to adjust policy framework

Sep 16, 2016 10:07 am UTC| Commentary Central Banks

The Bank of Japan is unlikely to ease policy during its upcoming meeting next week, said Danske Bank in a research report. But it is expected to adjust its policy framework by leaving calendar-based communications on when...

Chart of the Day Series

Chart of the Day: Long-term yields rise

Sep 16, 2016 10:00 am UTC| Commentary Economy

This chart from Sharon Zollner of ANZ research, warns that the global bond yields s are rising. Not only the major bond yields are rising together, their rise coincides with the drop in equity indices. In a financial...