The National Bureau of Statistics (NBS) is expected to release the GDP numbers tomorrow and the headline inflation data for August 2013 on September 17, one week ahead of the MPC meeting this month. FDC is forecasting that headline inflation will remain unchanged at 8.64%. This will mean that the […]
Tag: Market
IMF Update on Global Prospects and Policy Challenges
Executive Summary This report provides an interim update of global developments and risks since the July Surveillance Note. Global growth remains subdued but its underlying dynamics are changing. At the global level, major economies are seeing increasingly different growth dynamics and their relative cyclical positions are changing. Recent indicators point […]
EMERGING MARKETS-Central bank moves ease pressure on currencies
Central bank action lifted some emerging market currencies off lows on Wednesday but higher U.S. yields and the likelihood of military action against Syria kept the sector under pressure. Emerging stock markets were flat after Tuesday’s U.S. manufacturing data supported the view that the Federal Reserve would start rolling back […]
