Australia’s consumer confidence falls for third straight week on uncertain election outcome

Jul 12, 2016 10:21 am UTC| Commentary Economy

Australias consumer confidence declined for third straight week in a row as uncertainty hovers around the Australian Federal elections outcome. Moreover, the ongoing global disturbances coupled with ratings agency SP...

Polish inflation unlikely to rebound in medium-term; NBP seen hiking rates before 2016-end

Jul 12, 2016 09:48 am UTC| Commentary Economy

Polands consumer price index data for June has confirmed that the country continues to see almost 1 percent deflation. Polands consumer price index inflation (CPI) was down 0.8 percent on a year-on-year basis. However, CPI...

Swedish inflation accelerates; but too slow for Riksbank to react

Jul 12, 2016 09:43 am UTC| Commentary Economy

The Swedish consumer price index rose 0.1 percent in June 2016 from May 2016, according to Statistics Sweden. On a year-on-year basis, Swedens CPI rose to 1 percent, atpar with consensus projection. Electricity prices rose...

German consumer price inflation stays flat, well below the central bank’s target

Jul 12, 2016 09:31 am UTC| Commentary Economy

Germanys consumer price inflation remained steady in June, although well below the European Central Banks targeted rate of inflation of 2 percent. The price growth supports central bank expectations that German and...

Italy’s and Spain’s final HICP inflation in June likely stayed same as flash estimate

Jul 12, 2016 07:47 am UTC| Commentary Economy

Italys final HICP (Harmonised Index of Consumer Prices) inflation for June is likely to show no change from its flash estimate. The final HICP inflation is expected to confirm the flash reading of -0.3 percent year-on-year...

Inflation expectations edge lower in Japan, according to a central bank survey

Jul 12, 2016 07:45 am UTC| Commentary Economy

Inflation expectations by households in Japan hit lowest since the Bank of Japan adopted its massive stimulus program in 2013, a quarterly central bank survey showed, keeping alive expectations of more monetary...

Brazilian economy unlikely to expand in near term; to remain in recession throughout 2016

Jul 12, 2016 07:24 am UTC| Commentary Economy

The Brazilian economy is not expected to expand in the near term and is likely to keep shrinking throughout 2016, noted Societe Generale in a research report. In the first quarter of 2016, the Brazilian economic activity...