Global inflationary pressure likely to become more visible
Jul 11, 2016 11:11 am UTC| Commentary
Where will all the money printing lead to? Inflation. Inflation. Inflation. For years deflationary pundits and bond-bulls have laughed at the warnings given by inflationary gurus that these reckless money printing by...
German, French final HICP inflation in June likely stayed same as flash estimate
Jul 11, 2016 10:30 am UTC| Commentary Economy
Germany final HICP inflation is unlikely to show any changes from its flash estimate. The final HICP inflation is expected to come in at 0.2 percent year-on-year, noted Societe General, confirming the flash estimate. The...
UK gilts surge on easing hopes from BOE, Moody’s lower growth outlook
Jul 11, 2016 10:00 am UTC| Commentary
The UK gilts strengthened on Monday as investors were expecting a rate cut from the Bank of England in its Thursdays monetary policy meeting. Also, investors shifted to safe-haven buying after Moodys lowered its UK growth...
Bank Indonesia predicts GDP to remain muted on weakness in household consumption
Jul 11, 2016 09:59 am UTC| Commentary Economy
Bank Indonesia (BI), in its recent analysis of the Indonesian economy predicted growth to remain muted in the second quarter of this year, as household consumption spending has not improved markedly yet, as reflected by...
Norway’s consumer price index surprises on the upside in June; inflation likely to slow in H2
Jul 11, 2016 09:54 am UTC| Commentary Economy
Norways consumer price index rose 0.6 percent in June month-on-month, whereas on a year-on-year basis, the consumer price inflation was 3.7 percent in June, a rise of 0.3 percentage points from May, stated Statistics...
Danish inflation accelerates in June on increased services prices
Jul 11, 2016 09:50 am UTC| Commentary Economy
Denmarks inflation accelerated 0.3 percent year-on-year in June, coming in above consensus projection of 0.2 percent. Meanwhile, core inflation rose 0.8 percent in the month, mainly due to increased prices on services....
Italy’s industrial production sinks deeper than expected in May
Jul 11, 2016 09:45 am UTC| Commentary Economy
Industrial production in Italy during the month of May sank deeper than the markets had expected, making conditions worse for Prime Minister Matteo Renzi to put the economy on a stable footing, especially after the Brexit...