Czech Republic's unexpectedly low inflation likely to lead to no policy reaction from CNB
Dec 16, 2015 07:39 am UTC| Commentary Central Banks Economy
Czech National Banks repurchase rate is currently at 0.05%, while the market participants expect it to be kept steady in its upcoming meeting at 0.05%. CNB is not set to take any action regarding its monetary policy in...
Volatility likely in Canadian home sales in near future
Dec 16, 2015 05:50 am UTC| Commentary Economy
Existing home sales in Canada posted a solid growth of 1.8% in November. The Canadian Real Estate Association (CREA) reveals the existing home sales figures are 10.9% higher than the same month of last month. Average...
Risk on? Interest rates could stay low for decades
Dec 16, 2015 05:26 am UTC| Insights & Views Central Banks Economy
When a central bank lifts interest rate targets by 0.5% it expects households and firms to respond. In a crisis, the official target may fall by 3% in order to shock the economy into a positive response. These movements of...

New Zealand’s Q3 current account deficit narrows to 3.3% of GDP
Dec 16, 2015 02:30 am UTC| Commentary Economy
New Zealands current account deficit narrowed slightly to 3.3% of GDP in the year to September. The result was in line with the market expectations, after accounting for some positive revisions to the June quarter figures...
Spain's fiscal policy progress but more consolidation needed
Dec 16, 2015 02:11 am UTC| Commentary Economy
While the pace of fiscal consolidation over the past six years has been one of the most rapid on record, fiscal consolidation in Spain has eased since 2014, similar to other euro area countries. In 2015, the change in the...
Spain’s labour market improving but a long way to go
Dec 15, 2015 22:45 pm UTC| Commentary Economy
A highly inefficient labour market has been a major weakness for the Spanish economy. Poor labour market regulation has resulted in the abuse of temporary contracts by firms, excessive protection of workers on permanent...

Canadian home sales strengthen again in November
Dec 15, 2015 21:42 pm UTC| Commentary Economy
Following some cooling over the summer, housing demand has reaccelerated through the fall. The volume of home sales transactions through November is up 5% from a year earlier, and trending only 3% below the 2007 record...