BNM's current monetary policy likely to stance until Q2 16

Oct 23, 2015 05:22 am UTC| Commentary

Malaysias inflation receded further in September, falling to 2.6% y/y (August: 3.1%). The movement in inflation continued to be driven by lower fuel prices, with prices falling 7.9% y/y in September (Aug: -3.7% y/y). Food...

U.K. economy likely to grow at decent pace in coming quarters

Oct 23, 2015 05:06 am UTC| Commentary

The unemployment rate of the U.K is already more or less back to normal and we think that the labour market will tighten further going forward, which would lead to even higher wage growth. The U.K. was back in deflation in...

Fed Funds rate hike likely in January next year

Oct 23, 2015 04:59 am UTC| Commentary

The slowdown in job growth in the United State and continued lack of wage inflation is likely to keep the Fed off the trigger a while longer."We now expect the first Fed Funds rate hike in January next year with a risk...

U.S. GDP growth likely to move up again by year-end

Oct 23, 2015 04:55 am UTC| Commentary

In the United State, job growth slowed in August and September and wage inflation remains muted despite an unemployment rate of 5.1% - close to the assumed NAIRU. Uncertainty over the amount of slack in the labour market...

Daily Economic Outlook: 23rd October, 2015

Oct 23, 2015 04:48 am UTC| Commentary

At yesterdays ECB press conference, President Draghi acknowledged that the downside risks to euro area growth and inflation had increased, raising the prospect of further stimulus in the near term. Although official...

ECB likely to extend QE purchases beyond 2016

Oct 23, 2015 04:44 am UTC| Commentary

Euro area economy does not seem to dip back into the deflation in September as sufficient reason for the ECB to step up its accommodative monetary policy in October.However, the ECB is likely to extend its QE purchases...

Eurozone growth outlook

Oct 23, 2015 04:23 am UTC| Commentary

Euro area GDP growth is set to weaken on back of the slowdown in China and other emerging markets. Analysts observe the euro area financial sentiment indicators drop significantly and especially German exports have...