RBI is likely to deliver 25bp cut in September

Sep 28, 2015 06:44 am UTC| Commentary

Indian economy likely to experience a strong deflationary pressure during FY 15-16. Such rapid disinflation allowed the Reserve Bank of India (RBI) to cut the repo rate by 75bp during H1 15. The central bank is expected...

Effective CNY still strong after devaluation

Sep 28, 2015 06:43 am UTC| Commentary

The IMF responded positively to the changes in China, so the CNY has not ruined its chance of being included in the SDR basket, to be decided later this year."If the economy develops as expected, the CNY is still on track...

Strong disinflation opens room for further RBI easing

Sep 28, 2015 06:35 am UTC| Commentary

Disinflation in India has been strong and broad-based since H2 2014, reflecting markedly better food price management, sustained idle industrial capacity, lower commodity prices and a largely stable INR.Indias retail...

Necessary reforms for new normal in China

Sep 28, 2015 06:17 am UTC| Commentary

In the last three years, top leaders in Beijing have reiterated one message: adopting a new normal. Simply put, they want consumption, a larger service sector and more private investment. It is encouraging to see the...

Volatile summer leads to more intervention in China

Sep 28, 2015 06:10 am UTC| Commentary

Chinese stocks have stabilised since late August due to unprecedented government intervention. The indirect impacts are yet to be seen in the economy, which is worried about. Tightly linked credit, property and equity...

Yellen anticipates US rates rise this year

Sep 28, 2015 06:01 am UTC| Commentary

With an effort to stress that the Feds reaction function has not shift from US jobs and inflation to global events and financial markets, Feds chair Yellen argued that slack in the US economy has diminished to a point...

Mixed data messages will maintain Fed's “lift-off” suspense

Sep 28, 2015 05:56 am UTC| Commentary

US data next week is likely to confirm recovery with a forecast +225K gain on non-farm payrolls in September, personal spending up 0.5% in August and firmer housing data, with gains forecast for both selling prices and...