Sumanta's Feed
Jul 18, 2014

Global growth prospects dim even as asset prices fly higher

By Ross Finley and Sumanta Dey

(Reuters) – Global growth prospects have dimmed slightly, with the United States and Britain leading industrialised economies that are not generating much inflation even after years of aggressive monetary stimulus, Reuters polls found.

While China’s economic growth broadly stabilised in the latest quarter, the threat of a sharp correction in its overextended property market and any aftershocks remains the biggest danger for the world economy.

Jul 17, 2014

Global growth prospects dim even as asset prices fly higher: Reuters poll

By Ross Finley and Sumanta Dey

(Reuters) – Global growth prospects have dimmed slightly, with the United States and Britain leading industrialized economies that are not generating much inflation even after years of aggressive monetary stimulus, Reuters polls found.

While China’s economic growth broadly stabilized in the latest quarter, the threat of a sharp correction in its overextended property market and any aftershocks remains the biggest danger for the world economy.

Jul 7, 2014

India may unveil bolder economic reforms, but no tax changes in budget: Reuters poll

BANGALORE (Reuters) – India will probably unveil bold reforms in its budget on Thursday in a bid to turn around an economy growing at decade lows, but major changes to taxes will be absent, a Reuters survey showed.

Finance Minister Arun Jaitley will present his maiden budget after his Bharatiya Janata Party, led by Prime Minister Narendra Modi, won a landslide victory in May to form the first majority government in three decades.

Jul 7, 2014

India may unveil bolder economic reforms, but no tax changes in budget

BANGALORE, July 7 (Reuters) – India will probably unveil
bold reforms in its budget on Thursday in a bid to turn around
an economy growing at decade lows, but major changes to taxes
will be absent, a Reuters survey showed.

Finance Minister Arun Jaitley will present his maiden budget
after his Bharatiya Janata Party, led by Prime Minister
Narendra Modi, won a landslide victory in May to form the first
majority government in three decades.

Jul 3, 2014

Asian currencies to hold ground against dollar through year-end; yuan, rupiah to rally

BANGALORE, July 3 (Reuters) – Asian currencies will probably
hold their ground until the end of the year and then weaken in
early 2015 when a long-awaited U.S. dollar rally is expected to
kick in, a Reuters poll of foreign exchange strategists showed.

The U.S. Federal Reserve is on track to end its stimulus
programme by October and expectations are rife that it will
start to raise interest rates from record lows next year,
probably in the second half, which should prop up the dollar.

Jun 26, 2014

Shanghai, Hong Kong, Seoul shares to rally in next 6 months

BANGALORE, June 26 (Reuters) – Shares in Shanghai, Hong Kong
and South Korea are expected to rally over the next six months
on expectations that China’s central bank will ease policy,
boosting both its economy and that of the region, a Reuters poll
showed.

The Shanghai Composite Index is among the few major
indices which have lost ground this year, falling by over 4
percent, even as equity markets in India and western economies
soared to record highs.

Jun 25, 2014

Poll-One in three chance ECB will launch asset purchases

By Sumanta Dey

(Reuters) – The chances of the European Central Bank launching an asset purchase programme have risen to one in three, according to a Reuters poll, in which a slim majority of economists see inflation picking up before that is necessary.

ECB President Mario Draghi announced a raft of measures this month to counter the threat of deflation, including cutting the deposit rate below zero and offering more long-term loans aimed at boosting bank lending to businesses.

Jun 6, 2014

Rupee rally mostly over – Reuters Poll

BANGALORE (Reuters) – The rupee will only make scant gains in the next 12 months as the economy remains weak, although optimism around a new government and a narrowing current account deficit will underpin the currency, a Reuters poll found.

The rupee is among the best-performing emerging currencies this year, rising 4 four percent since January.

Jun 6, 2014

Indian rupee rally mostly over; yuan to recover over time

BANGALORE, June 6 (Reuters) – The Indian rupee will only
make scant gains in the next 12 months as the economy remains
weak, although optimism around a new government and a narrowing
current account deficit will underpin the currency, a Reuters
poll found.

The rupee is among the best-performing emerging
currencies this year, rising 4 four percent since January.

Jun 4, 2014

Euro needs to fall to $1.30 to satisfy ECB: strategists

By Sumanta Dey

(Reuters) – The European Central Bank’s comfort level for the euro to help inflation rise is probably around $1.30, market strategists polled by Reuters say, but they expect the currency to take another year to get there.

ECB President Mario Draghi signaled last month the ECB would be comfortable about easing policy in June provided its staff forecasts supported such a move and if the euro, then just below $1.40, remained stubbornly high.

    • About Sumanta

      "Sumanta Dey is poll and economic data correspondent for Asia on the Reuters Polls team. Based out of Bangalore, he is responsible for overseeing polling efforts in the region as well as handling several key projects. He first joined the Bangalore newsroom in 2006 and returned after a stint at software giant Infosys, where he managed analytics projects of a global consumer products manufacturer. He holds an economics degree from Bangalore University."
    • More from Sumanta

    • Contact Sumanta

    • Follow Sumanta