Poland's industrial output growth set to have slowed in October

Nov 18, 2015 22:46 pm UTC| Commentary

Polands industrial output growth is expected to have decreased to 3.2% yoy in October from 4.1% in September. The figures are slightly above market consensus. Industrial output growth in October was mainly driven by growth...

Poland's retail sales growth to decrease in October

Nov 18, 2015 22:35 pm UTC| Commentary Economy

Polands retail sales growth is expected to have decreased to -0.7% in October from 0.1% in September compared with a mom increase of 3.4%. Retail sales were mainly driven by car sales (8.1% yoy), textile, clothing and...

Japan reaching trade balance on a sustainable basis will take some time

Nov 18, 2015 22:15 pm UTC| Commentary Economy

Octobers trade balance is likely to have reached a balance at JPY0. This would mark a significant improvement from the JPY742bn deficit seen in October 2014. On a seasonally adjusted basis, the trade deficit likely reached...

UK retail sales to dip after extra-ordinary September surge

Nov 18, 2015 21:57 pm UTC| Commentary

Sales surged by 1.7% mom in September, far in excess of any market expectations. There were favourable bank holiday effects but, even so, the strength of sales was clearly unsustainable and will be reversed in the October...

ECB’s account of the monetary policy meeting

Nov 18, 2015 21:27 pm UTC| Commentary Central Banks

The October ECB meeting was more dovish than expected, resulting in a sharp decline in the EUR/USD. Specifically, the Governing Council re-inserted the possibility of cutting the deposit rate into the ECBs toolbox and...

FOMC Minutes suggest a December liftoff and focus on communicating gradual pace thereafter

Nov 18, 2015 20:33 pm UTC| Commentary

Participants generally viewed incoming economic data as confirming that the economy will continue to expand at a moderate rate and manifest in further labor market improvement. Several participants, however, suggested that...

Fed likely to move in December - FOMC minutes review

Nov 18, 2015 20:28 pm UTC| Commentary Central Banks

The minutes of the 27-28 October FOMC meeting suggest that a December rate hike remains rather likely. Thus most members of the committee said at the meeting that conditions for a rate hike could well be met by...