Poland's fiscal performance stronger than expected

Feb 09, 2016 15:31 pm UTC| Commentary Economy

Polands economy continues to do well, the fiscal performance has been stronger than expected recently and the targets for 2016 look achievable. Poland central banks mandate is also likely to remain intact but interest...

Hard data supportive of CEE exchange rates

Feb 09, 2016 15:23 pm UTC| Commentary Economy

The trend in calendar-adjusted IP levels in CEE countries remains stable so far. Some of the latest dips represent recent month-on-month declines, but these are not sharp enough to raise questions about the...

China Crisis Series

Chinese economy growth, commodity prices continue to drive FX markets

Feb 09, 2016 11:54 am UTC| Commentary Economy

A couple of weeks back, the yen longs rose to their highest levels since February 2012, however, they dropped back to their mid- January levels, after the BoJ surprised the market with its rate cut. The USD long levels...

US labor market conditions deteriorate slightly in January on fewer employment

Feb 09, 2016 06:34 am UTC| Commentary Economy

The US labor market conditions deteriorated slightly in January, while the pace continued to moderate, based on Barclays Indicator of Labor Market Conditions and the Barclays Indicator of Labor Market Momentum. According...

Japanese wage data fails to impress the central bankers

Feb 08, 2016 11:08 am UTC| Commentary Economy Central Banks

According to recent data from Japans Ministry of Health, Labour and Welfare, Decembers bonus payments declined 0.4% below that of 2014, shattering the Japanese central bankers hopes of re-inflation. Further the summer...

Business sentiment hits five year high in France

Feb 08, 2016 09:44 am UTC| Commentary Economy

Business sentiment index, which is compiled by Bank of France reached its highest level since March, 2011. Latest data have been pointing that Euro Zones second largest economy is finally gaining some ground both in soft...

Moody's: Africa's mobile phone banking boom to support economic growth and banks' expansion

Feb 08, 2016 08:58 am UTC| Research & Analysis Economy

The fast growth of mobile phone banking across Africa has driven an increase in access to financial services and has the potential, with time, to boost economic growth and create opportunities for banks to expand across...