Worrisome Sings Series: Low rates erode banks’ profitability and rises pension deficit
Sep 28, 2016 11:01 am UTC| Commentary Economy Central Banks
The debate about the cost and benefits of low rates has started heating up. Central bankers like Mario Draghi, Janet Yellen speak in favor of low rates arguing that they have brought stability and without them, the world...
French consumer confidence remains unchanged in Sep, at par with expectations
Sep 28, 2016 10:33 am UTC| Commentary Economy
Consumer confidence in France remained stable during the month of September, remaining at par with what markets had initially anticipated. French consumer confidence index held steady at 97. The score remained below its...
Malaysia to grow by 4.4 pct in 2016, 4.5 pct in 2017, says World Bank
Sep 28, 2016 10:11 am UTC| Commentary Economy
The Malaysian economy is likely to grow by 4.4 percent in 2016, ticking higher in the year ahead, by 4.5 percent, reports from the World Bank prediction showed recently. The outlook reflects a gradual deceleration in...
FxWirePro: Buy Swiss franc with 2:7 risk reward ratio
Sep 28, 2016 09:51 am UTC| Commentary Economy Central Banks
We expect the Swiss franc to be an outperformer among the group of majors, even if the U.S. Federal Reserve moves with a hike in rates. Swiss franc, thanks to the intervention of the Swiss National Bank (SNB) remains quite...
S&P lends positive outlook to Indonesia, re-affirms Indonesia’s sovereign credit rating
Sep 28, 2016 09:31 am UTC| Commentary Economy
The Standard Poors, a credit-rating agency has affirmed the credit rating outlook for Indonesia at BB+, while lending a positive outlook to the country. However, the rating authority still left the economy one notch below...
SEK records the weakest performance this year despite recovery in economic growth
Sep 28, 2016 08:49 am UTC| Commentary Economy
The Swedish Krona recorded the weakest performance among the G10 currencies this year despite a comparatively high rate of economic growth. Moreover, inflation has been rising since the end of 2015 although it still...
China external debt posts first quarterly rise since Q2 2015, indicates easing capital outflows
Sep 28, 2016 07:00 am UTC| Commentary Economy
Chinas external debt posted the first quarterly rise during the second quarter of this year, since the same period a year ago, suggesting that the Chinese corporates have gone through the most painful period of external...
Economic Shockwaves: How Trump's Tariffs Could Affect Your Wallet
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