Czech investment activity likely to deteriorate in 2016

Jul 06, 2016 13:10 pm UTC| Commentary Economy

Investment activity in the Czech Republic is likely to deteriorate in 2016 because of the decline in EU co-financing. Moreover, uncertainty surrounding the economic development in the EU post Brexit is expected to weigh in...

UK’s manufacturing output likely slowed in May; trade deficit expected to have widened

Jul 06, 2016 13:06 pm UTC| Commentary Economy

Manufacturing activity in the UK is expected to have slowed sharply in May after surging in April. According to a Societe Generale research report, manufacturing output is expected to gain 1.5 percent in month, as compared...

Colombia inflation surprises on the upside as food prices beat expectations

Jul 06, 2016 13:04 pm UTC| Commentary Economy

Consumer prices in Colombia surprise markets on the upside as food prices rose sharply higher than expectations during the month of June. To a lesser extent, electricity tariffs and a slower deceleration in tradable...

Riksbank holds repo rate at -0.5 pct, keeps its short-term easing bias

Jul 06, 2016 12:58 pm UTC| Insights & Views Commentary Economy Central Banks

Swedens Riksbank held its key benchmark repo rate at -0.5% and also made no changes to its Quantitative Easing program at a policy meeting held today. The Executive Board has assessed that there will be a longer delay...

Depreciating Renminbi calls for concern in other Asian currencies

Jul 06, 2016 12:15 pm UTC| Commentary Economy

Depreciation in the Chinese renminbi is likely to create external headwinds for other major Asian currencies, raising export competitiveness for the Chinese economy. The RMB has continued its weakness on a...

Investment, consumption to drive Swiss economy; inflation to return to positive territory in 2017

Jul 06, 2016 12:13 pm UTC| Commentary Economy

Swiss inflation is likely to accelerate above zero in the quarters ahead, helped by oil prices; however, renewed upward pressures on the Swiss franc are expected to drag out the long period of low inflation, noted Societe...

Italy’s retail sales fall to two-and-a-half-year low in June

Jul 06, 2016 11:13 am UTC| Commentary Economy

Retail sales in Italy recorded the sharpest monthly fall in over two-and-a-half years in June, revealing the retailers worst sales performance since December 2012, with data highlighting concurrent downturns in gross...