Financial assistance to Greece dependent on IMF participation - German Finance Ministry

Jan 31, 2017 15:50 pm UTC| Commentary Economy

German Finance Ministry said on Tuesday that further financial assistance to Greece is dependent on the successful completion of a review of its bailout program and the participation of the International Monetary Fund...

Central Banking Series

BoJ’s QQE exit strategy not possible in near-term, negative rates appropriate for meeting price target: Governor Kuroda

Jan 31, 2017 12:22 pm UTC| Economy Central Banks Commentary

The Bank of Japan (BoJ) Governor Haruhiko Kuroda said in the conference held post monetary policy decisionthat the central banks inflation target of 2 percent is likely to be reached around fiscal year 2018, while the...

Global Reflation Series

Global reflation Series: Inflation returning in Europe amid high unemployment

Jan 31, 2017 11:16 am UTC| Commentary Economy Central Banks

More evidence shored up since yesterday that the inflation is in fact, picking up across the European continent. Yesterday, two regions in Germany reported more than 2 percent inflation; Hesse (2.4 percent), Saxony (2.3...

Japan industrial production rises in December, beats market expectations

Jan 31, 2017 08:38 am UTC| Economy Commentary

Japans December industrial production grew 0.5 percent, higher than the market expectations of 0.3 percent growth, down from 1.5 percent in November, reported Ministry of Economic, Trade and Industry. The industries...

FxWirePro: Macros to drive CBR’s FX interventions – Short term bullish prospects of USD/RUB in Q1’2017

Jan 31, 2017 07:30 am UTC| Economy Central Banks

Every good structural story needs a repricing and a clear-out of extended positioning. The medium-term case for Russian local markets is underpinned by high nominal and real interest rates, falling inflation, and a trend...

Eurozone economic growth likely to stabilise in 4Q16, January inflation to climb higher

Jan 31, 2017 06:39 am UTC| Economy Central Banks

The Eurostat is expected to release its advance estimates of gross domestic product (GDP) for the last quarter of 2016 and January consumer inflation numbers on January 31. Growth is likely to have stabilised into 4Q16...

Indian banks likely to face delay in asset-quality recovery owing to demonetization, says Fitch Ratings

Jan 31, 2017 06:34 am UTC| Commentary Economy

Indian banks are expected to face difficulties in the recovery of the banks asset-quality, owing to negative impacts of demonetization that thronged the economy with a heavy cash crunch post its implementation from...