Global growth likely to be around 3% in 2015 and 2016

Nov 12, 2015 07:09 am UTC| Commentary

The acceleration in the global growth appears unlikely, while global economy has high risks of slipping into recession. The US economy is seen re-accelerating back on a stable 2.5% path. Driven mainly by private...

German's September trade balance likely improved

Nov 12, 2015 06:45 am UTC| Commentary

Germans trade balance data for September is due today. The trade balance data of the economy printed 15.4bln in previous month is likely to improve further as both exports and imports data on a monthly basis are falling....

RBA’s rate cut unlikely in December

Nov 12, 2015 06:06 am UTC| Commentary Central Banks

Australias unemployment rate in October reduced to 5.9% from 6.2% in the previous month. In an absolute number, the employment increased by 59k in October, where consensus was expecting the figure at 15k. Experts observed...

Less possibility for UK's unemployment to fall further

Nov 12, 2015 06:00 am UTC| Commentary

In UKs working age population(25- 49), the unemployment is an important category, which increase for the first time since June 2015. It edged up by 9000 from 759000 in August. It is nevertheless approaching its...

Riksbank may opt for rate cut of 10-15bp

Nov 12, 2015 05:36 am UTC| Commentary Central Banks

The Riksbank is likely to act more in reaction to external monetary policy like the ECB, despite growth and inflation showing positive sign. Effect of external factors in a small open economy like Sweden is clearly...

Sweden's inflation shows positive momentum

Nov 12, 2015 05:30 am UTC| Commentary Economy

Swedens economy is performing well, and growth has not been a problem. There was a low inflation, way below their central banks target for years together. The CPI was averaging 0.8% in last 5 years, while CPIF was...

BoK does not rule out further easing

Nov 12, 2015 05:23 am UTC| Commentary Central Banks

US Federal Reserve is more likely to hike its near zero interest rates almost after a decade. With the growing likelihood of the rate hike, and Koreas strong revival in the services economy after the MERS shock, the Bank...