German Q2 growth likely to slow down sharply: Bundesbank

Jun 20, 2016 10:53 am UTC| Central Banks Commentary Economy

According to Bundesbank, Germanys second quarter growth is likely to slow down sharply, before re-bounding later in the year to return to a solid growth path. Growth is likely to witness a setback in the second quarter,...

China’s housing market recovery eases on reclining stimulus in major cities

Jun 20, 2016 10:41 am UTC| Commentary Economy

Chinas housing market recovery has slowed, tapering off the gains achieved during the first half of 2016. Easing stimulus measures from the government to buy housing properties in major cities have led to a flux in the...

Australia’s residential property prices likely to have decelerated further in Q1

Jun 20, 2016 09:54 am UTC| Commentary Economy

Australias residential property price inflation is expected to have slowed further in the first quarter of 2016, given the private sectors monthly data. Residential property prices are likely to have decelerated to 7.2...

Russian economy to shrink 0.6 pct in 2016; consumer demand unlikely to expand before Q3

Jun 20, 2016 09:50 am UTC| Commentary Economy

The Russian economy in the first quarter of this year contracted 1.2 percent year-on-year, as compared with contraction of 3.8 percent year-on-year in the last quarter of 2015. Given the Brent year average of USD 48.6 per...

Chile’s economic activity remains weak; economy to expand between 1.25 pct and 2 pct in 2016

Jun 20, 2016 09:34 am UTC| Commentary Economy

Chiles economic performance is below its potential. Overall, the countrys economic activity continues to be weak. According to the latest data, Chiles real GDP grew 1.7 percent in Q1. This shows a still active phase of...

Poland’s retail sales and industrial output data soften in May; keeps door open for rate cuts

Jun 20, 2016 09:11 am UTC| Commentary Economy Central Banks

Polands retail sales and industrial output data for May came in below expectations. In seasonally adjusted terms, industrial output declined 0.9 percent on sequential basis as compared with the 2.4 percent month-on-month...

Currency War Series

RBI Governor to return to academia; August rate cut decision to depend on June inflation figures

Jun 20, 2016 07:02 am UTC| Commentary Central Banks Economy

On Saturday, RBI Governor Raghuram Rajan told the RBI staff that he will return to academia after his term with the RBI ends on September 4. There were some negative reactions in the local markets as the exit of Rajan...