
SGD REER remains above long-term average, likely to head towards lower bound, says ANZ
Nov 17, 2016 11:50 am UTC| Commentary Economy
The SGD real effective exchange rate (REER) is still well above its long-term average. Given the state of the business cycle, the REER is very elevated and has scope to correct lower. The Monetary Authority of Singapore...

U.K. retail sales growth highest in 14 years following higher buying during Halloween week
Nov 17, 2016 10:50 am UTC| Commentary Economy
Retail sales in the United Kingdom grew at the highest pace in 14 years, following the surge in shopping spree by Britons on the eve of Halloween. Also, a colder weather lifted sales of winter clothes and supermarket...
Bank Indonesia leaves policy rate unchanged, to maintain neutral policy stance in near-term
Nov 17, 2016 10:23 am UTC| Commentary Economy Central Banks
Bank Indonesia (BI) left its 7-day reverse repo rate unchanged at the monetary policy meeting held Thursday, largely in line with market expectations. Also, the central bank is expected to maintain its neutral stance in...
French unemployment rate jumps in Q3, raises doubt over President Hollande’s second term
Nov 17, 2016 09:58 am UTC| Commentary Economy
The rate of unemployment in France jumped during the third quarter of this year, raising further doubts over President Francois Hollandes second term in the government. The ILO jobless rate for metropolitan France and...
Renminbi Series: Record weakening of yuan fix
Nov 17, 2016 08:45 am UTC| Commentary Economy
The Peoples Bank of China (PBoC) has weakened the yuan against the dollar again today that marked the weakening of the yuan fix for 10 consecutive days. Previously in three Separate occasions, PBoC weakened the yuan fix...
Nov 17, 2016 08:45 am UTC| Commentary Economy
The consumer price index (CPI) of the United States is expected to have risen during the month of October, following higher global energy prices. Also, the headline inflation is likely to maintain the uptrend in the coming...
Key tail risks that worries investors
Nov 17, 2016 08:12 am UTC| Commentary Economy Central Banks
According to Bank of America Merrill Lynch (BofAML) survey in November, investors are most worried over eight tail risks, which they believe could heavily impact the portfolios. Only three of these risks were previously...