India likely to witness a weak Q4 on adverse demonetization effects, says Fitch Ratings

Nov 22, 2016 10:20 am UTC| Commentary Economy

The Indian economy is expected to witness a weak fourth quarter, following adverse effects of demonetization that affected the informal sector in a large way. The demonetization of large-denomination bank notes has caused...

Thailand 2017 economic growth likely at 3.5 pct, says DBS

Nov 22, 2016 09:51 am UTC| Commentary Economy

The economic growth of Thailand is expected to come in at 3.5 percent, despite risks of downward pressure on the economy. While the overall performance of the economy in 3Q would have disappointed many, there seems no...

Downside risks persist in the euro area on uncertainty over Trump administration

Nov 22, 2016 09:20 am UTC| Commentary Economy

The Eurozone economy is subjected to a wide array of downside risks, concerning uncertainty over the new President-elect Donald Trumps administration and its possible consequences for EU skepticism in the euro...

Central Banking Series

Central Banking Series

Central Banking Series

Swiss National Bank to remain active on FX market to prevent CHF from appreciating against EUR

Nov 22, 2016 08:53 am UTC| Commentary Economy Central Banks

In early 2015, the Swiss economy coped up quite well with the end of the EUR/CHF minimum exchange rate. In the second quarter of this year, the Swiss economy registered an impressive growth of 0.6 percent in sequential...

Demonetization may shrink India’s monetary base, likely to dent demand in months ahead, says Scotiabank

Nov 22, 2016 07:19 am UTC| Commentary Economy

Due to concerns regarding Trmpflation risk, foreign investors have reduced their holdings in Indian bonds, offloading new USD 2.06 billion on 11-18 November, noted Scotiabank in a research report. During the same period,...

Italian referendum on constitutional reform likely to weigh on EUR/USD, says ANZ

Nov 22, 2016 07:14 am UTC| Commentary Economy

The Italian referendum on constitutional reforms is expected to have a pressurizing impact on the outlook of EUR/USD, despite an intact uptrend being observed in the greenback. The anticipated US policy mix under...

New Zealand net migration rises to record high in October, population growth steers fastest in 40 years

Nov 22, 2016 06:30 am UTC| Commentary Economy

Net migration in New Zealand rose to record high levels during the month of October, with population growth in the country steering to the fastest rate in 40 years. New Zealands annual net gain in migrants for the year...