ECB's monetary easing likely next meeting

Nov 17, 2015 09:38 am UTC| Commentary Central Banks

ECBs Executive Board Member Peter Praet has given a hint of monetary easing is in the agenda of the ECBs meeting. He is appeared to be highly concerned about low inflation expectations in the euro area. A structural...

China likely to increase fiscal spending further

Nov 17, 2015 09:24 am UTC| Commentary

Chinas fiscal spending expanded by 18.1% y/y YTD in October. Whereas, it stood at 8.2% growth for the whole year of 2014. Meanwhile, the fiscal revenue dropped to 7.7% y/y YTD in October, which was 8.6% last year. The...

Hungary's MNB likely to hold its rate unchanged

Nov 17, 2015 09:12 am UTC| Commentary Central Banks

Todays MNBs meeting is unlikely to change its bank rate. The MNB is expected to hold its rates unchanged at 1.35%. The market is eagerly waiting for minutes of MPC meeting that whether it will give any indication of...

BoE likely to follow Fed's rate hike

Nov 17, 2015 08:04 am UTC| Commentary Central Banks

U.K. consumer price data is likely to release today. The consumer price data will confirm whether the Bank of England (BoE) will follow the Feds rate hike. Analysts assume that BoE may hike rates some time after Feds hike....

Japanese economy likely to rebound in Q4 15

Nov 17, 2015 07:55 am UTC| Commentary

Japans annual growth of real GDP is contracted by 0.8% in Q3, which was 0.7% in Q2. The contraction is led by the slowdown in business investment and fall in inventories. The downward momentum of the Chinese economy weak...

Japan’s inflation outlook

Nov 17, 2015 07:18 am UTC| Commentary

The BoJ revised its target of achieving 2% inflation and extended by another 6 months. Hence, the central bank expects to achieve 2% inflation in second half of FY16. The Bank cut its core CPI forecasts but kept its...

EUR/USD likely to trade at 0.95 by Q3 16

Nov 17, 2015 07:03 am UTC| Commentary

The poor performance of the Chinese economy is likely to increase downside risks for euro area growth and inflation. Therefore, ECB is likely to respond the down momentum with additional policy easing in the form of a time...