Will China see a hard landing?

Sep 18, 2015 15:18 pm UTC| Commentary

The Fed clearly put China in the centre, indicating that a hard landing in China could delay lift-off further. While economists see risk to the downside for Q3 growth, and do not expect a hard landing. Chinese Premier Li...

Canadian inflation holds steady in August, but core inflation cools

Sep 18, 2015 15:08 pm UTC| Commentary

Canadian consumer prices rose 1.3% (y/y) in August, in line with the level of inflation recorded in July. Core inflation - which excludes the eight most volatile items - rose 2.1% (y/y), cooling from the 2.4% rise recorded...

Gold price to trend side ways until first Fed hike

Sep 18, 2015 10:36 am UTC| Commentary

The gold price climbed to a two-week high of a good $1,130 per troy ounce yesterday evening on the back of a depreciating US dollar. As anticipated, the US Federal Reserve chose not to raise interest rates yet...

USD's limited upside potential should support oil prices

Sep 18, 2015 10:32 am UTC| Commentary

China reported today that real estate prices in major cities in August rose again for the most part (sharply in some cases). In addition, the Chinese stock markets appear to be stabilizing."The impact of the interest rate...

High volatility continues in oil market

Sep 18, 2015 10:30 am UTC| Commentary

Events on the oil market continue to be characterized by high levels of volatility, oil prices once again repeatedly fluctuating by $1-1.5 during the course of trading yesterday."It is virtually impossible to identify any...

Renminbi remains under pressure

Sep 18, 2015 07:55 am UTC| Commentary

Chinas central bank set the USD-CNY fixing rate at 6.3607, 63pips lower than the previous fixing. The 0.1% appreciation of the CNY fixing rate was the biggest gain in two weeks, following the strength of non-USD currencies...

Switzerland deflation could accelerate?

Sep 18, 2015 07:50 am UTC| Commentary

SNB used the oil price as the reason for the new, more pessimistic inflation outlook for Switzerland. But, it is not the short term negative inflation shocks in themselves that cause a problem for the SNB. The problem...