NBH likely to remain on hold, to meet inflation target by mid-2018

Oct 25, 2016 10:14 am UTC| Commentary Central Banks Economy

The National Bank of Hungary (NBH) is expected to keep its key interest rate unchanged at the monetary policy meeting scheduled to be held today as its policy is still focusing on non-standard monetary trolls. This is...

USD/KRW seen at 1,150by end-2016; BoK likely to maintain status quo

Oct 25, 2016 09:30 am UTC| Commentary Economy

USD/KRW is likely to trade at around 1,150 by end of this year; with the Fed likely to hike interest rates in December, we see upside risk to USD-KRW. The market is currently pricing in 71 percent chance of a hike by...

Malaysia maintains fiscal discipline; USD/MYR likely to trade around 4.15 by end-2016

Oct 25, 2016 08:46 am UTC| Commentary Economy

The Malaysian government underlined their commitment to fiscal consolidation when they unveiled Budget 2017 last week. Cutbacks to spending for this year were outlined to keep the fiscal deficit at 3.1 percent of the gross...

Bank of Canada renews inflation targeting mandate for next five years, still targets 2 pct with tweaks

Oct 25, 2016 06:53 am UTC| Commentary Economy

The Canadian central bank and the Federal Department of Finance yesterday stated the renewal of the Bank of Canadas inflation targeting mandate for the next five years, noted TD Economics. The central bank would keep on...

U.S. home price index likely to maintain modest support in August

Oct 25, 2016 06:49 am UTC| Commentary Economy

The home price index in the United States is expected to have remained modestly upbeat during the month of August. However, this is likely to yield modest downward pressure on the composite-20 measure on a y/y basis, to...

U.S. consumer confidence likely to decline below the 100-point threshold mark in October

Oct 25, 2016 06:25 am UTC| Commentary Economy

Consumer confidence in the United States is likely to have declined during the month of October, dropping below the 100-point threshold mark that separates optimism from pessimism. The October Conference Board consumer...

U.S. manufacturing PMI shows strong improvement in October as output, new orders rise

Oct 25, 2016 05:55 am UTC| Commentary Economy

Manufacturing conditions in the United States witnessed a strong improvement during the month of October, buoyed by asharp rise in output as well as new orders. Also, higher demand helped lift the countrys manufacturing...