BI’s rate hike likely in December

Nov 17, 2015 06:11 am UTC| Commentary

The Bank of Indonesia (BI) is likely to keep its bank rates unchanged at its monetary policy meeting in November.The BI targeted the countrys inflation rate at 4±1%, but the headline inflation rate stood at 6.25%...

German's November ZEW sentiment to inch up by 8.4%

Nov 17, 2015 05:53 am UTC| Commentary

Germans ZEW investor economic sentiment indicator for November will draw markets attention today. The indicator recorded 1.9% in October is probabily escalated to 8.4% in November for the first time in 7 months, argues...

U.S. October new residential building activity to show positive sign

Nov 17, 2015 05:46 am UTC| Commentary

In the United States, the new residential building activity data for October is likely to publish tomorrow. The number of single-family homes as well as of multifamily units is likely to post a solid growth rate."Buoyed by...

Daily Economic Outlook: 17 November, 2015

Nov 17, 2015 05:34 am UTC| Commentary

Today markets attention would be on U.S. core rate, which is following an upward trend since beginning of the year. The core CPI is expected to post 1.9% y/y growth, and the headline CPI data is likely to inch up by 0.1%,...

U.S. October headline CPI likely increased by 0.2%

Nov 17, 2015 05:16 am UTC| Commentary

In the United States, the consumer price data for October is due today. Higher retail price and likely increase in core goods and services costs may cause the headline CPI to increase in the reference period. The motor...

Singapore’s NODX likely to improve

Nov 17, 2015 04:53 am UTC| Commentary

In Singapore, non-oil domestic exports growth narrowed down by 0.5% year on year in October. The sector posted 0.3% growth in September. In a year on year basis, the non-oil domestic exports posted a solid growth rate of...

Israel needs tighten monetary policy

Nov 17, 2015 04:35 am UTC| Commentary

Israel economy posted a solid growth rate of 2.5%qoq in Q3 which was just 0.2% in last quarter. The growth rate is better than consensus expectation of -0.9%. The economy printed an unexpected growth rate as the major...