Euro exchange rate reflects eurozone economic situation - ECB’s Coeure

Feb 07, 2017 14:39 pm UTC| Commentary Economy Central Banks

European Central Bank (ECB) Executive Board member Benoit Coeure told French newspaper Le Parisien on Tuesday that the current euro exchange rate is a valid reflection of the blocs economic state and not a result of an...

Indian state elections likely to dominate progress on reforms in near-term, says Commerzbank

Feb 07, 2017 08:02 am UTC| Commentary Economy

State elections in India are likely to dominate the countrys progress on the economic and financial reforms implemented recently. Over the next five weeks, more than 160 million will vote in five state elections. The...

RBA maintains cash rate at 1.50 pct, citing improvement in global economic outlook

Feb 07, 2017 05:15 am UTC| Commentary Economy Central Banks

The Reserve Bank of Australia (RBA) has maintained its benchmark interest rate at the current record-low level of 1.50 percent at its first monetary policy meeting of 2017, held earlier today, as was widely anticipated by...

FxWirePro: The Day Ahead- 6th February 2017

Feb 07, 2017 04:57 am UTC| Commentary Economy

Lots of economic dockets scheduled for today and all with low to medium risks associated. Data released so far: Australia: RBA kept interest rates on hold at 1.5 percent. New Zealand: RBNZ inflation...

Moody's: Slowdown in household loan growth is credit positive for Malaysian banks

Feb 07, 2017 00:52 am UTC| Research & Analysis Economy

Moodys Investors Service says that the further fall in household loan growth in Malaysia during 2016 from 2015 is credit positive for the asset quality of the countrys banks because it points to a slower pace of debt...

Emerging Market Crisis Series

South Africa's 2017 budget: tough economic times require tough decisions

Feb 06, 2017 18:00 pm UTC| Insights & Views Economy

South Africas 2017/18 budget will have to be bold to pull the country out of the prevailing economic crisis. Economic growth has stalled and the threat of a credit rating downgrade still looms large. The Conversation...

RBA likely to stand pat, may revise down near term growth forecast

Feb 06, 2017 15:37 pm UTC| Commentary Central Banks Economy

The Reserve Bank of Australia is expected to stand pat during its meeting tomorrow, noted Societe Generale in a research report. Given that the severe deceleration in the third quarter will have called for major revisions...