Decline in Brazil's IP likely continued in Q3

Aug 31, 2015 07:19 am UTC| Commentary

Brazils industrial production fell 6.7% yoy in Q2, after falling 5.9% yoy in Q1 ( down 2.4% qoq). Given the shape of domestic and external demand, nearly the same pace of decline is expected in IP in H2. The one factor...

Domestic data no burden for Japanese Yen

Aug 31, 2015 07:17 am UTC| Commentary Economy

In July Japanese industrial production was surprisingly weak as the Ministry for Trade and Industry announced this morning. July industrial production is declined by 0.6% mom, after a firm growth in June of +1.1%...

Czech consumer confidence to increase

Aug 31, 2015 07:14 am UTC| Commentary

Czechs consumer confidence remains at a relatively high level and consumers are once again showing an appetite for spending. Supported by growing wages and decreasing unemployment, overall purchasing power is...

September Fed rate hike a razor thin decision

Aug 31, 2015 07:03 am UTC| Commentary Central Banks

The Fed rate hikes are coming soon; the only uncertainty is the exact timing of lift-off. Even before the recent increased worries about Chinas economic slowdown and turmoil in financial markets the Feds rate decision at...

Poland's new monetary policy strategy for 2016

Aug 31, 2015 07:01 am UTC| Commentary

Polands MPC is expected to announce the new Monetary Policy Guidelines for 2016 in September (probably after the September MPC meeting). The possibility that the council will change the inflation target cannot be ruled...

Poland's July MPC minutes not so dovish

Aug 31, 2015 06:56 am UTC| Commentary Central Banks

According to the July NBP minutes, the majority of council members want rates to stabilise at the current level. They wrote in the minutes that in the coming years inflation was likely to gradually rise towards the target,...

Slight weakening in German labor market likely continued in August

Aug 31, 2015 06:52 am UTC| Commentary

The number of unemployed in Germany in August is expected to have increased by 5,000, following a rise of 9,000 in June. The unemployment rate is expected to remain stable at 6.4%, said Societe Generale in a research...