FxWirePro: The Day Ahead- 14th November, 2016

Nov 14, 2016 03:55 am UTC| Commentary Economy Central Banks

Not many economic dockets and events scheduled for today and all with low to high risks associated. Data Released so far: China: Urban investments grew 8.3 percent from a year ago. Industrial production grew 6.1...

Switzerland’s Post Finance bank introduces charges for retail deposits

Nov 11, 2016 13:02 pm UTC| Commentary Economy

Switzerlands fifth biggest bank in terms of balance sheet, Post Finance, has introduced a charge, where the banks wealthiest clients with more than a million franc in deposit would face a once percent charge from 1st...

Trump administration poses challenges to both Asian currencies and bonds

Nov 11, 2016 12:50 pm UTC| Insights & Views Economy

A Trump administration will present challenges to both Asian currencies and bonds. Trumps pro-US growth and pro-fiscal stimulus economic policies coupled with a protectionist stance on global trade is a major setback...

Japan Q3 economic growth likely to rise on stabilization in external factors, recovery in global economies

Nov 11, 2016 12:10 pm UTC| Economy Commentary

Japans economic growth during the third quarter is expected to rise, following stabilization in the countrys external factors, besides, recovery in the Chinese economy and a modest comeback in the global electronics...

China's Trade with U.S. and CNY more vulnerable under Trump's administration

Nov 11, 2016 11:47 am UTC| Economy Insights & Views Central Banks

There is little doubt that a Trump presidency does not bode well for Chinas trade prospects and is anything but CNY-supportive given his purported animosity towards free trade and China more generally. The Peoples Bank...

China’s strong mortgage growth unlikely to sustain in Q4, banks to postpone lending in Q1 2017

Nov 11, 2016 10:59 am UTC| Commentary Economy

Strong mortgage growth in China is unlikely to sustain during the last quarter of this year, while banks are expected to postpone lending during the first quarter of 2017. The slow growth in corporate credit also signals...

S&P upgrades Hungary’s investment grade in September, HUF remains an outperformer this week

Nov 11, 2016 10:27 am UTC| Commentary Economy

Standard and Poors (SP) rating agency upgraded Hungarys investment grade in September, while the Hungarian forint has been an outperformer this week even while CEE currencies have been hard hit as US treasury yields have...