UK trade balance narrowing as July export dip partly reversed

Oct 07, 2015 23:21 pm UTC| Commentary

The story remains one of a rising surplus on the services account being more than offset by a larger deficit on the goods account. The question to arise from the recent data is whether the deficit in goods trade has...

All eyes on the FOMC minutes

Oct 07, 2015 22:31 pm UTC| Commentary Central Banks

Fed officials say the decision to not raise rates was a close call last month - the minutes should reflect this sentiment. Yellen was adamant that among the things that stayed the Feds hand in September were the recent...

Attention now turns to the UK and the MPC decision

Oct 07, 2015 22:18 pm UTC| Commentary

It is difficult to foresee the MPCs vote shifting away from 8-1 with financial market volatility once again being an important feature of the intermeeting period, especially as this time credit spread widening has been...

UK construction output to increase in August

Oct 07, 2015 22:03 pm UTC| Commentary

The ONS has major problems with the price series used to create the volume series and is using an interim solution until it has a credible price series. The construction surveys give a strong message of rising construction...

Chile inflation moderation stops for now, unlikely to return to target in 2016

Oct 07, 2015 21:49 pm UTC| Commentary

A fresh round of substantial peso depreciation halted inflations brief phase of moderation and it is now rising once again. The pace is expected to stay unchanged in September at 5.0% yoy (actually a rise from 4.99% to...

French business sentiment to rise in September

Oct 07, 2015 21:17 pm UTC| Commentary

The Bank of France carried out a monthly survey of business leaders opinions throughout its network of branches at the end of September. It is conducted on a sample of more than 10,000 companies and is seen as generally...

German trade balance to drop in August

Oct 07, 2015 20:56 pm UTC| Commentary

In August, the German trade surplus is expected to have amounted to 18.1bn, the lowest since January this year. On a trend basis, however, higher surpluses should return as the weak energy prices reduce the value of...