Taiwan's Industrial production (October) is expected to show modest improvement

Nov 23, 2015 01:42 am UTC| Commentary

Taiwans industrial production (October) is due today, the first piece of output data for 4Q. A smaller decline of -4.9% (YoY) has been penciled into the forecast, compared to -5.3% in the previous month. This implies a...

Second cut of UK Q3 GDP is out on Friday

Nov 23, 2015 00:32 am UTC| Commentary

The second cut of UK Q3 GDP is out on Friday. Although in time there is the prospect of an upward revision to construction output, it doesnt seem likely to materialise yet, so the initial estimate of 0.5% q/q is expected...

Euro area PMI surveys are out today

Nov 23, 2015 00:14 am UTC| Commentary

At present, the early PMI signal for Q4 growth suggests some minor upside risk to the forecast of 0.4% q/q. However, the November surveys are expected to moderate slightly from October, with the composite index edging down...

South Africa's output and prices on sight

Nov 22, 2015 23:58 pm UTC| Commentary

Last weeks 25bp rate hike in the SARBs repo rate to 6.25% ensured that the ZAR not only recovered from an all-time low of 14.44/USD, but also that the ZAR outperformed most of its emerging market currency peers on the...

CEEMEA: Central banks in Turkey and Israel to hold rates

Nov 22, 2015 23:39 pm UTC| Commentary

The Central Bank of Turkey (CBT) is expected to keep its policy rate unchanged in its November MPC meeting next Tuesday, but still expect an acceleration of the simplification of monetary policy with the expected Fed hike...

LatAm: BRL COPOM to stay put; MXN Inflation to remain stubbornly low

Nov 22, 2015 23:30 pm UTC| Commentary

Next week COPOM will likely leave the Selic rate unchanged at 14.25% as the Central Bank finds itself between a rock and a hard place as inflation drifts up while economic activity collapses. COPOM is not expected to react...

Sweden’s strong fundamentals versus a reactive central bank

Nov 22, 2015 22:49 pm UTC| Commentary

Data this week will likely confirm Swedens solid domestic fundamentals with the Economic Tendency Survey (Wednesday) and retail sales (Friday) being the markets main focus. Expectations are for a further increase in the...