CEE economies likely to witness declining real interest rates in upcoming quarters

Oct 12, 2016 08:02 am UTC| Commentary Economy

The Central and Eastern European (CEE) economies are expected to witness declining real interest rates in the upcoming quarters. Romania seems to be in the spotlight, as the country might approve plans to convert CHF loans...

Higher commodity prices steepen AUD, likely to trade at 74 U.S. cents by year-end

Oct 12, 2016 07:34 am UTC| Commentary Economy

The Australian dollar has shown resilience over the past year. After some volatility in early 2016, the AUD has traded within a narrow band over the past three months. While the AUD has traded a little higher than markets...

Indonesia retail sales rise in August, led by surge in non-food items

Oct 12, 2016 07:06 am UTC| Commentary Economy

Retail sales in Indonesia rose during the month of August, gains being led by surge in food as well as non-food items such as spare parts and accessories. Indonesias annual retail sales in August grew at a much faster...

Japan August machinery orders drop first in three months, sluggish growth continue to dominate

Oct 12, 2016 06:36 am UTC| Commentary Economy

Core machinery orders in Japan dropped for the first time in three months during the period of August amid an environment of sluggish economic growth both internal as well as external. Japans core machinery orders, a...

Credit conditions remain weak in Asia-Pacific during Q3 2016, says S&P Global Ratings

Oct 12, 2016 06:07 am UTC| Commentary Economy

Asia-Pacifics credit conditions remain weak, SP Global Ratings said in a report published today titled, Weakness Continues In Asia-Pacific Despite Easier Financing; Eyes Remain On China. Credit trends in Asia-Pacific...

PHP continues to underperform on rising political concerns among foreign investors

Oct 12, 2016 05:56 am UTC| Commentary Economy

The Philippines peso has underperformed in comparison to its peers in the recent months. Part of this reflects increasing political concerns among foreign investors. There was also a spike in the 5Y credit default swap...

Rising producer prices, industrial profits cater to alleviate China’s bad loan pressures

Oct 12, 2016 05:37 am UTC| Commentary Economy

Downside pressures on the Chinese economy, concerning the countrys bad loans are likely to be alleviated by the improvement in producer prices and industrial profits. A further rate cut by the Peoples Bank of China (PBoC)...