Russian inflation remains elevated, concerns central bank

Nov 06, 2015 09:03 am UTC| Commentary Central Banks Economy

Russian inflation remains persistant, this is also explained by the consumer price data, which was 0.7% mom for October climbing 0.1% from that of previous month. Russian central bank had not cut rates any further...

Will U.S. be able to support strong USD?

Nov 06, 2015 08:51 am UTC| Commentary

US net trade has been dragging the countrys growth in recent quarters as pointed by Federal Reserve. It is unlikely that this is caused due to the dollar, the global demand can be blamed for this. However even if the...

U.S. labor market condition likely improved in October

Nov 06, 2015 07:26 am UTC| Commentary

In the United States, the nonfirm and private payroll, and unemployment rate data for October are scheduled to release today. The unemployment rate is likely to post below the previous months figure of 5.1%. Our model...

The Czech National Bank's interest rate outlook likely to create appreciation pressure on CZK

Nov 06, 2015 07:19 am UTC| Commentary Central Banks

The CNBs interest rate forecast points to four 25bp hikes in the first half of the 2017. However, CNB would likely exit the intervention regime earlier and hike less. Given the market outlook on ECB rates, the ECB...

GBP still remains a concern for Bank of England

Nov 06, 2015 07:06 am UTC| Commentary Central Banks

There was once again an 8-1 voting in the Bank of Englands Monetary Policy Committee meeting yesterday for keeping the rates unchanged and the BoE kept the rates on hold, as the markets expected. The minutes still...

Russia's monthly inflation rate likely to reach 0.6%

Nov 06, 2015 07:00 am UTC| Commentary

In Russia, the inflation rate recorded 15.6% year on year, which was 15.7% in September. The annual rate of inflation of the economy is about to enter a five-month period during which it will plummet rapidly due to base...

Daily Economic Outlook: 6th November, 2015

Nov 06, 2015 06:48 am UTC| Commentary

Market will be focusing on todays U.S. labour market report. Fed Chair Yellen and FOMC members gave a hint of interest rate hike in December, but the upcomming data will determine the rate hike. "This weeks releases,...