Domestic demand main driver for solid Spain GDP

Oct 30, 2015 06:36 am UTC| Commentary

After growing by close to 1% per quarter on average in H1, a still-solid but slower Spanish economic environment is likely in Q3 (+0.7% qoq). Domestic demand is expected to have remained the main growth driver, supported...

Australian exchange rate about where the RBA wants it

Oct 30, 2015 06:32 am UTC| Commentary Central Banks

Over the three months since the August forecasting round, Australian exchange rate has continued to ease, albeit moderately, owing to a small rebound in October which partly reversed the sizable drop of...

Turkey's FX outlook

Oct 30, 2015 06:30 am UTC| Commentary

Turkeys inflation increased in September, climbing to 7.95% y/y from 7.14% a month earlier. The upward inflation pressures stem so far from the liras continuing slide due to political uncertainty and the prospect of the...

Flash October Italian HICP consumer prices set to soften slightly

Oct 30, 2015 06:28 am UTC| Commentary

Italian HICP inflation is likely to dip for a second consecutive month, to 0.1% yoy in October from 0.2% yoy in September. As in other euro area economies, gasoline prices have shown a slight improvement while remaining...

French goods consumption to show firm growth in Q3

Oct 30, 2015 06:27 am UTC| Commentary

French goods consumption for September is set to confirm that consumption will remain the main engine of France growth in Q3. For September, however, consumer spending in France is expected to show a decrease of 0.3%...

BoE's first rate hike likely in Q2 17

Oct 30, 2015 06:26 am UTC| Commentary Central Banks

The Bank of England will have its own Bonfire Night party on 5 November with the November interest rate decision, the Minutes of the meeting and the Inflation Report and press conference. However, judging from the...

Australia's growth forecast looks on track

Oct 30, 2015 06:22 am UTC| Commentary Central Banks

The November RBA Board meeting is, along with the February, May and August meetings, of special significance, because it includes the discussion of new comprehensive forecast revisions, which can trigger a change of...