ECB likely to keep monetary policy on hold in September, economy to expand 2.1 pct in 2017
Sep 06, 2017 22:54 pm UTC| Commentary
The European Central Bank is set to meet on Thursday to discuss likely alterations to its bond-buying program. Earlier in 2017, ECB policymakers hawkish comments led to a brief sell-off in European sovereign bonds, leading...
Czech National Bank likely to hike key interest rate again
Sep 06, 2017 22:39 pm UTC| Commentary
The possibility of Czech National Bank hiking the key rate again has increased noticeably following the positive and considerable surprise in the second quarter data. The GDP grew 4.7 percent year-on-year and the average...
Sep 06, 2017 21:44 pm UTC| Commentary Economy
The Turkish inflation situation is barely rebounding. Consumer price inflation for the month of August disappointed. The consumer price inflation rose 1.1 percent sequentially after seasonal adjustment, while the core...
Russian inflation continues to slow down, CBR likely to cut rates further
Sep 06, 2017 20:58 pm UTC| Commentary Economy
The pace of inflation in Russia continues to slow down sharply. Russias consumer price inflation decelerated to 3.3 percent year-on-year, while on a sequential basis consumer prices dropped 0.5 percent. This signifies that...
Swedish production in manufacturing falls in July, private services production rises
Sep 06, 2017 19:01 pm UTC| Commentary
Swedish production in the manufacturing industry fell in July, whereas it rose in the private service sector. The decline in manufacturing production was slightly sharper than anticipated. However, the trend is still...
German factory orders fall sequentially in July, industrial production likely to have grown
Sep 06, 2017 18:47 pm UTC| Commentary
The German factory orders data for July surprised on the downside. The total orders dropped 0.7 percent sequentially in the month, contrasting with consensus expectations of a rise of 0.3 percent. The decline was driven by...
Canada’s trade deficit narrows in July, decline in imports outpaces drop in exports
Sep 06, 2017 17:51 pm UTC| Commentary
Canadas trade deficit narrowed in July from the prior month as the decline in imports outpaced those of exports. The countrys trade deficit narrowed to CAD 3 billion in the month from the prior months deficit of CAD 3.8...