
U.S. regional manufacturing gauges likely improved in August
Aug 31, 2015 04:13 am UTC| Commentary
Canvasses of local manufacturers conducted by purchasing manager groups in Chicago and Milwaukee and the Federal Reserve Bank of Dallas will provide additional color on business activity in August and will allow us to...
Riksbank tentatively on hold although risks of further easing have increased
Aug 31, 2015 04:07 am UTC| Commentary
The Sweden data over the summer have been strong. Furthermore, inflation is on an upward trend, as acknowledged by Riksbanks First Deputy Governor Kerstin af. Jochnick recently. Moreover, monetary conditions since the July...
South Korea July IP coming to grips with excess inventories
Aug 31, 2015 04:01 am UTC| Commentary
South Korean industrial output fell 3.3% y/y in July is much weaker than expected. On a seasonally adjusted m/m basis, the countrys IP fell 0.5%, reversing the 2.5% expansion in June and resuming the prior few months...
Aug 31, 2015 04:01 am UTC| Commentary Central Banks
The RBA cash rate is likely to be on hold for an extended period, but with the continued risk of a rate cut even as recent commentary from the bank has taken on a more neutral tone. This risk reflected frustration with...
Swiss CPI likely to see a modest decline
Aug 31, 2015 03:51 am UTC| Commentary
Recent elevated global growth concerns, coupled by an uptick in Swiss growth last week, has caused the CHF to appreciate in the past few weeks and has led SNB Governor Jordan to reiterate the SNBs ability to intervene...
Russia inflation to resume decline and Turkey inflation to rise
Aug 31, 2015 03:48 am UTC| Commentary Economy
In Russia, PMI likely declined as falling oil prices pressured the economy. In Turkey, PMI is expected to fall below 50, reflecting the negative effect of rising political uncertainty. Inflation in Turkey is expected to...
Aug 31, 2015 03:37 am UTC| Commentary
PMI readings in CEE are expected to remain at expansionary territory, echoing the upward trend in German PMI. CEE currencies would likely experience appreciation pressures against EUR in the near term, as the prospects of...