Flash August Italian HICP consumer prices to remain stable at 0.3% yoy

Aug 31, 2015 00:34 am UTC| Commentary

Italian HICP inflation is expected to remain unchanged at 0.3% yoy in August. Similar to the case in other Euro area economies Brent and gasoline prices continue to slide, the stable food prices alongside the core metric...

German factory orders to decline in July

Aug 31, 2015 00:22 am UTC| Commentary

Following the stronger than expected rise in June (2% mom), factory orders are expected to decline by 0.6% mom in July. Domestic orders should rise by around 1%, having disappointed since March. Weak construction activity...

Slight weakening in German labour market to have continued in August

Aug 30, 2015 23:55 pm 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%. While employment sentiment indicators...

Euro area final services PMI to hover around four-year high despite slight easing in August

Aug 30, 2015 23:44 pm UTC| Commentary

The flash euro area services and composite PMIs, published last week, were 54.3 and 54.1, respectively - inching back up after the July reading and getting close to the four-year high that was reached in June. A slight...

Flash August Euro area HICP inflation to print at 0.1% yoy

Aug 30, 2015 23:29 pm UTC| Commentary

Consumer prices are expected to decline to 0.1% yoy in August from 0.2% yoy in July. The sustained weakness in energy prices, especially in Brent, and more recently, in gasoline prices, is exerting downward pressure on the...

MXN and BRL to find near-term stability

Aug 30, 2015 23:14 pm UTC| Commentary

After the recent sell-off in EM currencies, it is believed that MXN and BRL should find some support this week as markets digest the recent events regarding China. Although some short-term correction seems plausible due to...

Fed update: Wrap up on Jackson Hole

Aug 30, 2015 22:32 pm UTC| Commentary Central Banks

Several FOMC members have voiced their opinions this weekend at the Jackson Hole Symposium. The most important was Vice Chair Stanley Fischer who participated in a panel discussion on Saturday on inflation dynamics and...