South African September inflation likely to rise

Oct 21, 2015 07:16 am UTC| Commentary

In South Africa consumer prices for September are on the agenda today. Last month the data provided a positive surprise for the South African Reserve Bank as prices remained stable mom. Even though that is unlikely to...

USD/JPY likely to trade above 120

Oct 21, 2015 07:13 am UTC| Commentary

The Japanese trade balance currently reflects Japans difficult situation. Since the start of Q2 the trade balance has been falling again. Due to the low demand from Japanese trade partners, exports are in decline again....

BoE governor's speech likely to cover Brexit

Oct 21, 2015 07:12 am UTC| Commentary Central Banks

Bank of England Governor Mark Carney, during his speech, will be referring to the effects of a possible Brexit (Great Britain leaving the EU) for the UK and the BoE. As Carney has suggested it is going to be a bit of a...

BoC to hold rate unchanged today

Oct 21, 2015 06:58 am UTC| Commentary Central Banks

Sentiment in Canada is turning. And that is not only due to the imminent change in government following the surprise majority achieved by the Liberal Justin Trudeau. The economy too seems to be picking up again following a...

Uncertainty regarding ECB strategy

Oct 21, 2015 06:53 am UTC| Commentary Central Banks

Over the past few days speculation about an imminent extension of the ECB QE programme repeatedly put pressure on the euro the single currency was able to appreciate slightly yesterday. The reason behind it was the...

Mexico's retail sales grow at impressive pace on lower inflation

Oct 21, 2015 06:46 am UTC| Commentary

Despite the growth weakness in H1 and some visible effect of the slowdown in the Mexicos labour market, retail sales on average have continued to trend up this year; in part due to the low base effect in H1 2014, but...

No sufficient consensus among ECB members on QE2

Oct 21, 2015 06:35 am UTC| Commentary Central Banks

The ECB is expected to roll out QE2 - in the form of an extension beyond September 2016 - by the end of this year. The Feds non-decision and the data flow, at a global level and now increasingly at the Euro area...