GBP to continue to weaken against USD, says Commerzbank

Jan 09, 2017 12:16 pm UTC| Commentary

The key factor exerting pressure on GBP exchange rates is the continued uncertainty regarding the relationship between the U.K. and the EU in the future. Especially, access to the single market plays a significant role for...

Fed Hike Aftermath Series

Fed Hike Aftermath Series: Members more hawkish

Jan 09, 2017 12:15 pm UTC| Commentary Central Banks

The US Federal Reserve might turn out as a more hawkish one in 2017 compared to 2016, not just b because it forecasted a higher number of interest rates just like it did in the past two years but because it might actually...

Eurozone: United by interest rate amid fragmented labor market

Jan 09, 2017 11:42 am UTC| Commentary Economy

Last weeks report showed that the inflation rate in the Eurozone quickened. TheInflation rate is set to rise to 1.1 percent in December after rising to 0.6 percent in November. Eurozones largest economy, Germany saw...

Czech jobless rate rises year-on-year in December

Jan 09, 2017 11:25 am UTC| Commentary

The Czech employment rate rose by 2 percentage point year-on-year to 72.8 percent in November on a seasonally adjusted basis, according to the Czech Statistical Office. The male employment rate came in at 79.9 percent,...

Norwegian inflation likely to have accelerated slightly in December, says Nordea Bank

Jan 09, 2017 11:00 am UTC| Commentary

Norways inflation is expected to have accelerated slightly in December; however, it is still on a downward trend. Inflation likely to be slightly on the downside to Norges Banks projection; however, not enough to have any...

Eurozone November unemployment rate remains steady, in line with expectations

Jan 09, 2017 10:38 am UTC| Economy Commentary

Eurozone unemployment rate remained steady at 9.8 percent in November, trending in line with market consensus expectations. The Euro area seasonally-adjusted unemployment rate was 9.8 percent in November 2016, stable...

Mexican inflation likely accelerated in December, may rise sharply in January on higher gasoline prices

Jan 09, 2017 10:37 am UTC| Commentary

In the last few months, prices of food and transport in Mexico have risen considerably, driven by considerable depreciation of the Mexican peso and the governments focus on maintaining its fiscal house in order. This,...