Eurozone’s industrial production witness sharp fall in July, unlikely to regain quick momentum

Sep 14, 2016 10:50 am UTC| Commentary Economy

Industrial production in the eurozone witnessed a sharp fall during the month of July, a sign that the common currency zones modest economic recovery is unlikely to quickly regain momentum after a second-quarter...

German bunds nearly flat in subdued trade, Weidmann’s speech in focus

Sep 14, 2016 10:43 am UTC| Commentary

The German bunds traded nearly flat Wednesday, succumbing to thin trading activity during a relatively quiet session that witnessed data of little significance. Also, investors now await the German Bundesbank President...

Sweden’s inflation expectations indicate marked rise in September

Sep 14, 2016 10:02 am UTC| Commentary

Swedens inflation expectations indicated a noticeable increase in September, showed Prosperas quarterly survey. This Riksbank is likely to welcome this, said Nordea Bank in a research note. The survey includes labor market...

Bank of Thailand keeps benchmark rate unchanged, likely to remain on hold through 2016

Sep 14, 2016 09:58 am UTC| Commentary Central Banks

As expected, Bank of Thailand kept its benchmark rate on hold at 1.5 percent under a unanimous vote. The Thai central bank last cut its policy rate in April 2015, when the prospects of economic growth had...

UK gilts trade narrowly mixed ahead of BoE monetary policy decision

Sep 14, 2016 09:56 am UTC| Commentary

The UK gilts traded narrowly mixed Wednesday as investors await the Bank of England monetary policy decision. Also, lower unemployment in July drove-out investors from safe-haven buying. The yield on the benchmark...

China new loans rebound in Aug, beyond market consensus; RMB loan growth likely to slow in Q4

Sep 14, 2016 09:51 am UTC| Commentary Economy

Chinas new loans denominated in yuan terms rebounded during the month of August, largely beating market consensus. However, the loan growth in terms of renminbi is likely to slow down in the last quarter of the year, as a...

Oil in Global Economy Series

Oil in Global Economy Series: Re-analyzing recent price drivers

Sep 14, 2016 09:37 am UTC| Commentary

In this article, we would revisit and re-analyze the factors that have been very influential this year in driving crude oil prices. After a bottom in February around $27 per barrel, both the crude oil benchmarks rose...