Indian economy to accelerate its growth rate

Dec 21, 2015 08:54 am UTC| Commentary

Among the emerging economies, Indian economy seems more robust. The economy is growing around 7.3 percent in 2015, which better than Chinese economy. The industrial production surprisingly posted a solid growth rate of...

Eurozone consumer confidence likely to remain solid in December

Dec 21, 2015 08:42 am UTC| Commentary

Euro Areas consumer confidence is expected to remain firm by market consensus in the month of December, rising modestly from that of its previous months value. Business surveys suggest that the job market is rising in...

Norges Bank’s guidance signals another rate cut

Dec 21, 2015 08:20 am UTC| Commentary Central Banks

Norwegian Krone continues to trade poorly, driven by prices of crude, with EUR/NOK reaching the years high crossing 9.50 in early December and NOK/SEK falling to 23 year low. Significant easing of monetary policy...

Capital outflows likely to remain JPY negative until mid-2016

Dec 21, 2015 07:57 am UTC| Commentary

Capital outflows will likely remain negative for Japanese Yen until mid 2016. This figure does not include other pension funds which follow GPIF and only just began reallocating or a same reallocation by recently...

Spain falls in political uncertainty after mixed election result

Dec 21, 2015 07:54 am UTC| Commentary Politics

Spain has plunged into fresh political uncertainty after Sundays election, in which no single party has attained majority and ideological difference sets them far apart. Major opposition party, Socialists have won 22%...

Negative Rates Series

Currency War Series

SNB unlikely to cut rates further

Dec 21, 2015 07:08 am UTC| Commentary

Since EUR/CHF stepped up into higher range in July/August, it has been trading around 1.07 to 1.10, which leaves USD/CHF determined by EUR/USD. After the ECB meeting, SNB also held off from easing. It is still...

BoI unlikely to change its existing base rate

Dec 21, 2015 06:46 am UTC| Commentary Central Banks

The central bank of Israel is expected to retain its base rate at 0.10% on its rate decision scheduled next week. The recent Fed rate hike caused the ILS to depreciate, and inflation rate is below the target at -0.9%...