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US rate rise decision is finely balanced

Location:

UNITED STATES

The chance of a rates 'lift-off' at this meeting has receded recently due to heightened financial-markets volatility and global economic sluggishness. It currently stands at 30%…

ECB will extend QE programme on December 3

Location:

EURO-AREA

At a press conference after the previous meeting on October 22, ECB President Mario Draghi was clear that downside risks to the inflation outlook might lead to a reassessment at…

Yen surge to question global monetary easing's effects

Location:

INTERNATIONAL

Despite aggressive easing by both the Bank of Japan (BoJ) and the ECB, including negative interest rates, the lowering of expectations over the scale and pace of rate hikes by the…

Sri Lanka faces several obstacles in debt talks

Location:

SRI LANKA

Sri Lanka must attend to debt restructuring as part of its four-year, USD3bn bailout programme with the Fund. The Fund’s Executive Board approved the bailout in March, roughly ten…

Azerbaijan's stability will trump diversification

Location:

AZERBAIJAN

Economic diversification in Azerbaijan.

Smaller trade surplus will keep ruble low this year

Location:

RUSSIA

Pronounced ruble depreciation this year attests to the efficacy of sanctions in disrupting Russia’s external trade. The weaker ruble has already provoked a spike in household…

Sri Lanka will step up appeals to China and India

Location:

SRI LANKA

Sri Lanka’s foreign exchange (forex) reserves fell to USD1.6bn at end-November, enough to finance only about one month’s imports. Colombo has in recent years relied on…

Myanmar's 'lame duck' period to see economic reform

Location:

MYANMAR

They discussed 'national reconciliation' and Suu Kyi and the president agreed to set up a working group on the transition of power that will bring to an end more than half a…

EM corporate debt is key risk to global markets

Location:

INTERNATIONAL

The IMF's warning, contained in its Global Financial Stability Report (GFSR), shows concerns for the vulnerabilities posed by the build-up of EM corporate debt, especially…

Prospects for India in 2024

Location:

PROSPECTS 2024

Meanwhile, the government and the Reserve Bank of India (RBI) both expect 6.5% GDP growth in the fiscal year ending March 2024, which would put the country among the top economic…