Turkish economy likely to expand by 3.2% y/y in 2015: Danske Bank
Feb 18, 2015 07:27 am UTC| Commentary
Quotes from Danske Bank: -The Turkish economy has been showing clear signs of slowing over the past couple of years; however, falling energy prices and the decelerating CPI are yielding better prospects for 2015-2016. We...
USD/UAH likely to hit 33.00 in H1 2015: Danske Bank
Feb 18, 2015 07:25 am UTC| Commentary
Quotes from Danske Bank: -The UAH peg came under extreme pressure in H2 14 and January as FX reserves shrank to USD6.4bn from USD16bn in January 2014. -Thus, in early February, the national bank of Ukraine (the NBU)...
Ukraine GDP likely to shrink a further 8.5% y/y in 2015: Danske Bank
Feb 18, 2015 07:23 am UTC| Commentary
Quotes from Danske Bank: -Ukraine final GDP growth data for Q3 14 showed that the recession deepened further in the quarter: the economy contracted 5.3% y/y versus a 5.1% y/y fall the previous quarter. As the economic...
CBR has no room for further easing in H1 2015: Danske Bank
Feb 18, 2015 07:20 am UTC| Commentary
Quotes from Danske Bank: -The CBR hiked its key rate by a total of 1,150bp to 17% in 2014, putting the brakes on the real economy through a severe demand-side shock. On 30 January, the central bank made an unexpected...
Medium-term outlook for HUF: Danske Bank
Feb 18, 2015 07:18 am UTC| Commentary
Quotes from Danske Bank: -We continue to believe that Hungarys fairly strong external position is likely to be supportive for the HUF in the medium term. -Furthermore, fairly strong growth and an expected pick-up in...
Hungary's GDP likely to grow by 3.3% y/y in 2015: Danske Bank
Feb 18, 2015 07:16 am UTC| Commentary
Quotes from Danske Bank: -Growth has been picking up in Hungary and, after years of stagnation, it is becoming one of the fastest growth economies in central and eastern Europe. -However, structural problems and weak...
Japan's trade deficit to expand to ¥1,791bn in January: Societe Generale
Feb 18, 2015 07:14 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -We expect Japans trade deficit to expand to 1,791bn in January, but the deficit has shrunk from 2,795bn in January 2014. Export growth is likely to accelerate further to...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects