China's exports to recover after an exceptionally weak July

Sep 08, 2015 04:39 am UTC| Commentary

Chinas export growth fell sharply to -8.3% yoy in July from 2.8% yoy in June, while imports deteriorated slightly over the same month. That said, the July weakness was exceptional, and exports are expected to have...

Increase in Euro area's economic stimulus spending to weigh on Euro

Sep 08, 2015 04:18 am UTC| Commentary

In the Euro area, robust economic data releases like German Business Climate, increase in German Prelim GDP showed that companies have largely put the Greek debt crisis behind them, suggesting the blocs economic recovery...

Daily Economic Outlook: 8th September 2015

Sep 08, 2015 04:16 am UTC| Commentary

Last week saw President Draghi highlight ECB willingness to expand its QE programme, if necessary, to support the euro area economy over the coming months. Todays final estimate of regional Q2 GDP growth is expected to...

CBR key rate likely to fall to 10% in December 2015

Sep 08, 2015 04:11 am UTC| Commentary

Any tightening would be very destructive for Russias economy, while it would not prevent possible RUB weakening if the oil price continues to fall. As the Iran deal and turmoil in Chinas stock market have recently pushed...

Aussie elevated by improved business conditions

Sep 08, 2015 04:11 am UTC| Commentary

The Australian dollar shot higher against the greenback on Tuesday after a business survey revealed a sharp rise in conditions last month in Australia. However, some economists see further downside for the currency as...

CBR favouring RUB’s moderate weakening

Sep 08, 2015 04:09 am UTC| Commentary Central Banks

At the previous meeting on 31 July, the CBR reiterated its CPI forecast for June 2016, stating that annual inflation will fall under 7% reaching the 4% target in 2017. Upcoming price increases in Russia are expected to...

Domestic demand drives CEE region's growth

Sep 08, 2015 04:06 am UTC| Commentary

The structure of GDP growth in the CEE region is gradually changing. While in 2011 and 2012, net exports represented the key source of GDP growth, now it is seemed to shift towards domestic demand. This is important as it...