Sweden November retail sales confirm booming domestic economy
Dec 22, 2015 11:30 am UTC| Commentary Economy
Swedens November retail sales came over expectations. Following the strong existing readings in recent months, the retail sales climbed further in this month. There is a rise of 0.4% in the retail sales over the month...
Emerging market crisis series – ICA, Mexico shows why we are worried on EM dollar debt
Dec 22, 2015 10:07 am UTC| Commentary Economy
For quite some time now, we have been writing and warning traders and investors of Emerging market bad debt, especially non-financial corporate sector vulnerability. According to Bank of International Settlements (BIS), as...
Risk of capital outflow persists in China on Fed rate hike
Dec 22, 2015 09:38 am UTC| Commentary Economy
Greater tolerance for CNY weakness against the USD is likely to support the ebbed capital outflows moving ahead. The outflows might have risen in November. These are evidenced by a notable decline in PBoC FX Reserves of...
Biggest risks threatening global economy heading into 2016
Dec 22, 2015 08:15 am UTC| Commentary Economy
Compared to last few years, 2015 hasnt been that kind to investors and traders. Global stocks can hardly be called as outperformer despite stimulus from European Central Bank (ECB). Focus of the year was on rate hike from...
Stronger USD to weigh on core prices till mid-2016
Dec 22, 2015 07:29 am UTC| Commentary Economy
The Federal Reserves recent rate hike decision caused the U.S. interest rate to be higher than global interest rate, and thereby the economy is receiving more capital inflows. The economy recorded a marginal fall in net...
From Zorro to Zombie: the rise and fall of the microcredit movement
Dec 22, 2015 06:14 am UTC| Insights & Views Economy
Thirty years ago, the international development community was in a state of high excitement. The perfect market-affirming solution to poverty in developing countries had apparently been found. Microcredit, also known as...
Fiscal policy focus moving from budgetary spending to off-budget activity in South Korea
Dec 22, 2015 00:41 am UTC| Commentary Economy
The government released a report detailing its 2016 policy direction, which was generally in line with the view that the government will rely more on off-budget activity to support the economy, with fiscal stimulus via...
'Wicked' and 'Gladiator II' Smash $270.2M Box Office as 'Moana 2' Teases Record-Breaking Holiday Run