Emerging Market Crisis Series

Brazilian economy – ugly shrinking surprise

Dec 01, 2015 12:28 pm UTC| Commentary

Bad days are just not over for Brazilian economy as it shrinks from crisis to crisis. High corporate debt of the country, couples with lower commodity prices led to a currency and inflation crisis. Brazilian Real is down...

Timing Of Brexit Vote To Determine GBP Curve In 2016

Dec 01, 2015 11:35 am UTC| Commentary

While its date and timing is not yet known, a referendum on British Exit or Brexit from the EU is imminent. Opinion polls, conducted in wake of the Paris attacks of 13 November and the escalating Syrian migrant crisis,...

Renminbi Series

Renminbi series – Yuan into SDR – beats Yen and Pound

Dec 01, 2015 11:23 am UTC| Commentary

Mega announcement for the year is finally done with, as board of International Monetary Fund (IMF) took decision in its review, to add Chinese currency, Yuan or Renminbi in its Special drawing Rights (SDR). This is a...

US construction spending likely steady in October

Dec 01, 2015 10:45 am UTC| Commentary

The nominal value of change in the construction spending for the month of October is likely to be 0.6 as expected by the market consensus, similar as that of previous months value. This is probably caused mainly due to...

ECB hawks to debate tough with PMI on their side

Dec 01, 2015 10:43 am UTC| Commentary Central Banks

Hawks at European Central Bank (ECB) likely to give tough time to doves at this weeks policy meeting, since improved economic data likely to strengthen their arguments. Latest data shows, that inflation has stopped...

Indian manufacturing growth slowest in two years

Dec 01, 2015 09:59 am UTC| Commentary Economy

We at FxWirePro, have been arguing for quite some time now that optimism surrounding India is outpacing hard facts that manufacturing is really not growing at commendable pace, which tints the image of Make in India...

Brazil Q3 GDP qoq likely to rise

Dec 01, 2015 09:48 am UTC| Commentary

Brazil GDP for Q3 quarter on quarter basis is expected to be -1.2 by market consensus, rising from that of previous quarters -1.9 reading. GDP year on year is expected by consensus to be -4.2, while previous GDP yoy was at...