IEA expects higher oil demand and lower non-OPEC supply
Sep 11, 2015 09:32 am UTC| Commentary
The oil market is continuing to see alternating gains and losses: prices increased yesterday but are weaker again today, which points to a certain disorientation among market participants. US crude oil stocks rose by...
Central bank of Russia to be on hold today
Sep 11, 2015 07:03 am UTC| Commentary
Consensus expectations are for rates to remain on hold at 11% during todays interest rate meeting. The Russian central bank (CBR) would like to cut rates, given that month on month CPI inflation trended lower...
Turkey's local data next week will likely have no market impication
Sep 11, 2015 07:02 am UTC| Commentary
After a brief visit to below 3.00, USD-TRY shot up past 3.02 yesterday as EM assets came under pressure again. The rise in USD-TRY occurred despite surprisingly positive economic data out of Turkey yesterday, not only did...

Norway's depressing economic outlook keeps Norges bank in rate cut mood
Sep 11, 2015 06:59 am UTC| Commentary
Norways August inflation data did not make Norges Banks decision for or against a further rate cut in two weeks time any easier. Even though the rate of inflation in August of +2.0% yoy was below Norges Banks inflation...
Weak inflation outlook could bring USD under pressure today
Sep 11, 2015 06:55 am UTC| Commentary
Next week will bring the Feds rate decision. It is still quite unclear what market momentum the meeting is likely to create. Even if the market has given up on the idea of a rate hike next week the all-important question...

China's activity growth likely to improve
Sep 11, 2015 06:48 am UTC| Commentary
Chinas housing investment should start to see a slightly more pronounced recovery after four months of sales rebounds. Nominal retail sales might have improved as well given a higher inflation rate. Chinas activity...

China's money growth to moderate
Sep 11, 2015 06:47 am UTC| Commentary
Chinass new bank lending likely dropped to CNY1000bn, from CNY1,480bn in July. However, considering the CNY400bn LGBs issued under the debt-swap programme in August, the actual increase in bank loans was probably close to...