Brazil’s inflation unlikely to reach central bank’s target range in 2017
Feb 10, 2016 09:13 am UTC| Commentary Economy
Brazils inflation data for January has created significant uncertainty regarding the medium-term inflation trajectory. Under several assumptions, using a structural inflation model, there is a possibility of grim inflation...
Data shows deflationary pressure still has upper hands in Japan
Feb 10, 2016 06:06 am UTC| Commentary Economy
Poor Mr. Kuroda. Japanese benchmark stock index Nikkei 225 is down more than 3% again today and that brings it down more than 18% for the year and more than 25% in last six months. Nikkei is currently trading at...
Lower oil prices likely to sustain Philippines’ current account surplus
Feb 10, 2016 04:54 am UTC| Commentary Economy
Philippines December exports contracted for the ninth consecutive time on year-on-year basis. Weakness in exports of textiles, food and furniture mainly led to the overall decline in exports. The countrys shipments to...
Exports likely to be a drag on Finland's Q4 GDP
Feb 09, 2016 17:29 pm UTC| Commentary Economy
Data released on Monday showed that the value of Finnish goods exports fell by 5.2% y/y in December, inline with expectations. It was the 5th consecutive month showing a fall from the previous year. Finnish exports...
Poland's fiscal performance stronger than expected
Feb 09, 2016 15:31 pm UTC| Commentary Economy
Polands economy continues to do well, the fiscal performance has been stronger than expected recently and the targets for 2016 look achievable. Poland central banks mandate is also likely to remain intact but interest...
Hard data supportive of CEE exchange rates
Feb 09, 2016 15:23 pm UTC| Commentary Economy
The trend in calendar-adjusted IP levels in CEE countries remains stable so far. Some of the latest dips represent recent month-on-month declines, but these are not sharp enough to raise questions about the...
Chinese economy growth, commodity prices continue to drive FX markets
Feb 09, 2016 11:54 am UTC| Commentary Economy
A couple of weeks back, the yen longs rose to their highest levels since February 2012, however, they dropped back to their mid- January levels, after the BoJ surprised the market with its rate cut. The USD long levels...