Limited impact of Chinese disinflationary forces on Euro area

Sep 23, 2015 03:54 am UTC| Commentary

Chinese imports account for the largest share in the euro area, i.e. 12.5% of total non-euro area imports in value terms, equivalent to 2.2% of euro area GDP (2014). There exists a positive relationship between Chinas...

Impact of weaker euro visible but only on import prices

Sep 23, 2015 03:18 am UTC| Commentary Economy

The pass-through of a weaker euro (which depreciated 10% between July 2014 and July 2015) so far can only be traced to the early stages of the price chain, i.e. import prices growth has gone from -1% to 1.8% yoy during the...

Aussie slips towards $0.70 on weak china data

Sep 23, 2015 03:15 am UTC| Commentary

The Australian dollar fell back towards $0.70 against the US dollar on Wednesday after a manufacturing index from Australias biggest trading partner China came in weaker than expected. Further signs that the worlds...

Non-energy goods prices in Euro area might enter a new upturn cycle

Sep 23, 2015 03:15 am UTC| Commentary

It seems that Euro areas non-energy goods are entering a new upturn cycle as they tend to follow the trade-weighted euro and business cycles. Upturn cycles took place during 2000-04, 2006-10 and 2011-14, while 2005-07,...

Euro area's core inflation shows muted signs of quickening

Sep 23, 2015 03:12 am UTC| Commentary

Euro areas core inflation has quickened in 2015 from 0.6% in January to 0.9% in August, after slowing down in 2014 from an average of 1.1% in 2013 to 0.8%."Core inflation is expected to gradually increase, averaging 1.2%...

Euro area's headline inflation likely to increase marginally in H2 2015

Sep 23, 2015 03:09 am UTC| Commentary

Renewed weakness in oil prices is threatening the recovery in Euro areas inflation which climbed back from zero in the second quarter. The turnaround in headline HICP inflation was a result of the waning impact of lower...

Asian stocks maintain losses after china factory data

Sep 23, 2015 02:48 am UTC| Commentary

Asian markets were trading broadly lower in the morning hours of Wednesdays session, after the latest economic indicator from China pointed to renewed weakness in the worlds second-biggest economy. Sharp losses on Wall...