According to the results of a Bloomberg survey of 30 economists on the Swiss economy for 2018, a majority of them see the Swiss economy expanding by 0.5% in Q4 2017. Key Findings: Prior survey showed Q4 2017 growth +0.7%. GDP...
Christin Tuxen, Chief Analyst at Danske Bank, suggests that ‘reflation’ beliefs have been spurred anew by a continued strong global cyclical stance, the enactment of the US tax reform and commodity-price rises. Key Quotes “We doubt that 2018 will...
Back near 5-DMA of 1.1862. Resurgent USD demand caps recovery. Focus shifts to US data amid light trading. The EUR/USD pair continued to find support near 1.1850 levels amid thin liquidity conditions, now looking to retain the bids as attention turns...
Fresh comments from the Japanese PM Abe crossed the wires last minutes, as he speaks again in Tokyo. Key Headlines: Economic revitalization important in the budget. Fiscal consolidation also important in budget. Expected tax revenue of JPY 59.1 trillion in the...
The US recently rejected China’s bid for “market economy status” again as the Trump administration only announced the decision last Thursday even though it has already submitted the decision to the WTO in mid-Nov, notes the research team at...
Christian Lawrence, Senior Market Strategist at Rabobank, expects the Bank of Canada to leave rates on hold at 1.00% today and the OIS curve currently implies around a 20% chance of a 25bp hike to 1.25%. Key Quotes “We...
The UK Brexit Secretary Davis is on the wires now, via Reuters, testifying to the Brexit parliamentary committee. Key Headlines: Government has no overall impact assessment on Brexit. Impact assessment on individual sectors of the economy not necessary at this point....
The People’s Bank of China (PBOC) Governor Yi Gang made some comments on the exchange rate value and financial stability in a statement on Tuesday.“China will safeguard Yuan and financial stability to boost employment and economic growth,” Governor Yi...
The US Dollar (USD) stays on the back foot on Tuesday after having registered losses against its major rivals
Bank of England (BoE)interest rate-setter SilvanaTenreyro said on Tuesday,
