ECB signals further easing in December

Oct 30, 2015 07:19 am UTC| Commentary Central Banks

The European Central Bank sent a very dovish message from its October meeting. Due to a weakened inflation outlook, the ECB will reassess monetary policy in December and it is ready to use all the tools in its box. The...

RUB might weaken temporarily against USD over next 3 months

Oct 30, 2015 07:13 am UTC| Commentary

Any significant impact of rate cuts is not seen on the RUB if the CBR cuts its policy rate according to expectations. OFZs seen benefiting further from anchored expectations on monetary easing. The key rate is likely to...

U.S. average hourly earnings to rebound sharply

Oct 30, 2015 07:10 am UTC| Commentary Economy

The remaining portions of the U.S. BLS establishment survey are expected to be quite positive. Previously discussed calendar effects associated with the comparatively late termination of this months canvassing period -...

CBR key rate likely to fall to 10% in December 2015

Oct 30, 2015 07:10 am UTC| Commentary Central Banks

Together with the stabilising oil price, the RUBs volatility is also reduced and additional room is provided for resuming monetary easing, which has been badly missed by businesses and consumers among the current economic...

CBR likely to cut key rate by 50bp on 30 October 2015

Oct 30, 2015 07:07 am UTC| Commentary

The CBR will resume its monetary easing after a pause in September 2015, as inflation acceleration has stopped after a marginal rise in August 2015 when Chinese woes weighed on the RUB and consumer prices. At the same...

Stable Australian rates likely, but it has become a much closer call

Oct 30, 2015 06:54 am UTC| Commentary

On balance, it is predicted that Australias current 2% cash rate will prove to be the low point of the current easing trend in Australia. But it is significantly less confident.The autonomous hike in banks mortgage rates,...

U.S. jobless measures likely to dip to 7 year low

Oct 30, 2015 06:38 am UTC| Commentary

U.S. jobless measures likely to dip to 7 year lowThe BLS canvass of households likely will echo the upbeat tone of the nonfarm job survey in United States. Assuming that the recent relationship between the establishment...