Central banks worldwide likely to stay accommodative until next year, predicts Morgan Stanley

Jul 21, 2016 11:40 am UTC| Commentary

Central banks around the worldare likely to incline towards giving additional monetary accommodation as the global economy is expected to be in a low inflation and growth scenario, along with heightened uncertainty from...

Mexico’s bi-weekly inflation series likely to have risen in July

Jul 21, 2016 11:18 am UTC| Commentary

The bi-weekly inflation series in Mexico is likely to have risen in July. According to a Societe Generale report, the inflation series is expected to have risen 2.54 percent year-on-year. The firmer core inflation and the...

Brazilian economy to come out of recession as political uncertainty eases

Jul 21, 2016 11:11 am UTC| Commentary Economy

Brazil is likely to come out from its two-year recession as the political uncertainty eases. The ongoing recession, which is the deepest since the 1930s, is due to imprudent policy choices executed in the last few years;...

Yen strengthens as Kuroda shoots down helicopter possibilities

Jul 21, 2016 11:05 am UTC| Commentary Central Banks

The Japanese Yen has strengthened more than 1 percent against the dollar after a BBC Radio 4 program was aired, where Mr. Kruroda poured cold water over the possibility of introducing unconventional helicopter money in...

What to expect from ECB today?

Jul 21, 2016 10:41 am UTC| Commentary Central Banks

Today European Central Bank (ECB) is to provide further guidance in policy meet. The result to be announced at 11:45 GMT, followed by thepress conference at 12:30 GMT. Meeting is to be held in Frankfurt. Current policy...

Hong Kong’s inflation falls for fourth straight month in June

Jul 21, 2016 10:15 am UTC| Commentary

Consumer price index-led inflation in Hong Kong fell for fourth straight month in a row during June, mainly owing to easing in food price inflation and private housing rental components. Price pressures in many other major...

Business confidence rises in France while post-Brexit concerns loom

Jul 21, 2016 09:54 am UTC| Commentary

Business confidence in France during the month of July remained on the upside, even as worries over Brexit lingeron amid the slashing of growth forecast by the International Monetary Fund on Wednesday. Businessmen shrugged...