Germany Final HICP inflation likely to be unchanged in November

Dec 11, 2015 06:35 am UTC| Commentary

Germanys HICP inflation month on month is likely to be recorded at 0.1 % as expected by the market consensus, while HICP year on year is likely to print 0.4. The CPI EU Harmonized (%mom) is expected by consensus to come...

Checking on FED rate hike probabilities

Dec 11, 2015 06:13 am UTC| Commentary Central Banks

US Federal Reserve will be meeting on December 15th-16th, to decide on whether to hike rates or not. Market pricing of rate hike has somewhat softened after reaching as high as 84%. However hike expectations over next year...

U.K. inflation may remain below 0.5% in H1 2016

Dec 11, 2015 06:09 am UTC| Commentary

The MPC left the bank rate unchanged at 0.50% and stocks of purchased assets at GBP375bn keeping the global economic outlook in mind. The lone member voted in favour of rate hike was Ian McCafferty. The real economy...

Currency War Series

BoE may hike bank rates in Q2 2016

Dec 11, 2015 05:49 am UTC| Commentary Central Banks

The MPC left the bank rate unchanged at 0.50% and stocks of purchased assets at GBP375bn. Ian McCafferty, member of MPC voted in favor of increasing the Bank Rate by 25bp immediately, hence, the vote was 1-8 in favor of...

EUR/USD likely to retest the lows below 1.05 in early months of 2016

Dec 11, 2015 05:47 am UTC| Commentary

EUR/USD is going to be volatile in 2016. While the Greek crisis is abated for now, new tensions might be escalated across many of the highly- indebted euro area countries, which would be main risk. The possibility for...

Currency War Series

ECB's move marks an end of the easing?

Dec 11, 2015 05:35 am UTC| Commentary Central Banks

The European Central Bank delivered a 10 bp rate cut in its monetary policy meeting in December, along with amenu of easing, which was disappointment to the markets. This move from the ECB marked the end of easing,...

Daily Economic Outlook: 11th December, 2015

Dec 11, 2015 05:31 am UTC| Commentary

Todays retail sales report for November along with next weeks CPI data will indicates the economic outlook of the United States, and thereby the figures could impact on market expectations Feds rate hike. The report is...