Friday, May 26 2017 | ASIA TODAY INTERNATIONAL - Reporting the Business that Matters in Asia
Updated: 10 hours 17 min ago
The economy of Extremadura grew 2.0% in 2016, and will still grow 2.3% in 2017 and 2.4% in 2018, creating some 13,000 new jobs in those two years, although some external factors’ contribution shall slow down. Although pre-crisis per capita income will be reached, creating more and better jobs remain as challenges.
Global factors were supporting for Turkish Lira. Similar to EMs, Turkish bond market incurred inflows during March. Our monthly GDP indicator suggests continuum of V-shaped GDP growth recovery in 1Q17, following 4Q16’s above-expectations growth. Inflationary pressures will remain in the short term as exchange rate pass through and base effects on food will be pushing.
A flattened term premium curve is unprecedented when compared to previous Fed tightening cycles. Term premium dynamics are driven by the amplified role of duration risk as a shock absorber. Economic growth expectations remain the main driving force behind the long-term yields trajectory
Family remittances to Mexico in February 2017 amounted to US$2,051.9 million, down by 1.4% on February 2016. This broke a run of ten consecutive months of year-on-year growth; the last YoY fall in monthly remittances had been in March 2016, when they declined by 2.9%
Big Data analysis at BBVA Research. Digital revolution and the new business environment. Big data and education: challenges and opportunities
During the election campaign, the US president, Donald Trump, promised to make mass deportations of Mexicans and tax migrant remittances, the later as a way to finance his border wall. What consequences could these actions have on the Mexican economy?
The housing market recovery is consolidated. Madrid, the Mediterranean axis and the islands are leading the recovery. The growth in sales is driving prices and building. Positive expectations for 2017 with a more moderate tone.
Annual consumer prices inflation continued its significant increasing trend and reached 11.3% in March as the monthly inflation (1.0%) exceeded the market consensus of 0.6% and our above market call of 0.85%. Exchange rate pass-through on core prices and the unfavorable base impact on food were the main drivers.
China announced the establishment of a new economic zone 100km South of the capital, Beijing. The Xiongan New Area will encompass three counties, including Xiongxian, Rongcheng and Anxin. The area will sit at the center of a triangle formed by the capital, Beijing; one of North China’s busiest port cities, Tianjin; and the capital of Hebei province, Shijiazhuang.
Liquidity is to banks as water is to humans: essential for life. A liquidity crisis is usually symptomatic of more deep-seated problems, and in many cases leads eventually to bankruptcy.
In a context of extended global economic fragility, multilateral institutions and governments have been recommending to increase infrastructure investment to spur economic growth. However, the impact of this policy can widely differ depending on many aspects
Weekly economic update focusing on the major economic indicators to be released the week of April 3, 2017. Special topic: Supply of existing homes for sale
The FOMC has raised the Fed funds rate for the third time since the start of the policy rate normalization cycle in 2015. The Committee has also reinforced its commitment to the gradual Fed funds rate increase in line with their projections of an additional two rate increases planned for 2017
An inclusive financial system maximizes usage and access, while minimizing the barriers for financial inclusion (as a proxy of quality). The Multidimensional Index for Financial Inclusion (MIFI) computes the degree of inclusiveness of a financial system across economies and over time
Baby Boomers present greatest mobile banking growth, spending power, and asset ownership in the short-to-medium term. Given inefficiencies of Social Security program and high debt, retirement planning technology is attractive to Boomers. Companies offering prevention of elder financial abuse will benefit from greater customer trust.
Paraguay has room for improving in terms of the Digitization Index, particularly on affordability and content dimensions. Paraguay almost duplicates Internet use between 2011 and 2014, but it is still lower than other Latin American countries