UK credit conditions likely changed little in Q3

Oct 12, 2015 05:19 am UTC| Commentary

The Q2 survey in UK showed little change in credit availability for unsecured household lending and corporate lending but some increase in mortgage availability."The demand for mortgages are expected to remain strong and...

UK's inflation likely to turn negative again

Oct 12, 2015 05:13 am UTC| Commentary

UK CPI inflation has oscillated between +0.1% and -0.1% yoy since February and should return to the bottom of that range in September.Energy prices should be a downward influence on inflation with the 27 August price cut...

German ZEW likely to fall further

Oct 12, 2015 05:11 am UTC| Commentary

There has been a growing divergence between Germanys market and corporates in the views of future economic activity, as seen in the ZEW survey on the one hand and the PMIs and Ifo on the other. This is not likely to...

Swedish inflation next focus point for Riksbank

Oct 12, 2015 05:08 am UTC| Commentary

Swedish inflation (Tuesday) and the release of TNS Sifo Prospera inflation expectations report (Wednesday) will likely steer price action for the SEK this week. The CPIF is expected to have increased 0.95% y/y, in line...

Final German HICP inflation to confirm flash estimate at -0.2% yoy

Oct 12, 2015 05:03 am UTC| Commentary

Germanys national index fell from 0.2% yoy to 0.0% yoy in September. As expected, the biggest drag came from the energy component on account of the drop in gasoline prices, cutting 18bp from the headline reading."Final...

China's CPI inflation to soften marginally; PPI deflation to deepen again

Oct 12, 2015 04:56 am UTC| Commentary

Chinas CPI inflation strengthened to 2% yoy in August from 1.6% yoy in the previous month. This was purely driven by stronger food inflation that increased by 1pp to 3.7% yoy, mainly on the back of higher pork...

No constructive message from China’s September trade data

Oct 12, 2015 04:36 am UTC| Commentary

Chinas trade growth bounced back slightly in August from July. However, the rebound is not expected to be sustained. The gauge of export orders in the September PMI report ticked up to 47.9 in September, but this was still...