U.K. consumer price inflation decelerates unexpectedly in December, BoE likely to cut rate in January

Jan 15, 2020 12:03 pm UTC| Commentary

The U.K. headline inflation eased unexpectedly in the month of December. On a year-on-year basis, the consumer price inflation slowed to 1.3 percent from Novembers 1.5 percent, increasing market expectations of a cut in...

German economic growth rebounds slightly in Q4 2019, decline in industrial production likely to slow in months ahead

Jan 15, 2020 11:33 am UTC| Commentary

The German economy has rebounded slightly in the fourth quarter of 2019 compared with the third quarter, according to the Federal Statistical Office (Destatis). For the whole of 2019, the German economy grew 0.6 percent,...

Swedish inflation rises slightly below expectations in December, energy prices to weigh in on inflation going forward

Jan 15, 2020 10:16 am UTC| Commentary

Swedish headline consumer price inflation accelerated slightly on a sequential basis in December. The CPI index rose to 0.39 percent from Novembers 0.1 percent, as compared with consensus expectations of 0.4 percent. On a...

French consumer price inflation accelerates in December on sharp rebound in energy prices

Jan 15, 2020 09:05 am UTC| Commentary

French consumer price inflation accelerated sequentially, driven by higher prices in energy and food. According to the French official statistical office, INSEE, on a month-on-month basis, the headline inflation came in at...

Japanese yen likely to appreciate modestly against USD in coming year

Jan 15, 2020 07:31 am UTC| Commentary

The Japanese yen has resisted the wider strengthening of the USD in the past year, reflecting sporadic demand for safe-havens in the midst of vacillating trade, geopolitical and market risks, noted Scotiabank in a research...

Australian housing credit likely to remain weak in H1 2020

Jan 15, 2020 05:45 am UTC| Commentary

Australias housing credit growth has stayed weak in this easing cycle as compared to other recent cycles, in spite of the dramatic turn I house prices since the mid of 2019 and the increase in new housing finance...

South Korean GDP likely grew slightly below 2 pct in 2019, modest rebound expected in quarters ahead - Scotiabank

Jan 14, 2020 19:05 pm UTC| Commentary

The South Korean economy continues to be dragged by the challenges of external sector, noted Scotiabank in a research report. The countrys exports have been below year-earlier levels since the end of 2018 due to softer...