EEMEA Update: NBP to remain on hold, Russia and Turkey inflation will be in focus
Aug 30, 2015 21:39 pm UTC| Commentary Central Banks
PMI readings in CEE is 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...

Asian currencies likely to consolidate, even as data are expected to show continued weakness
Aug 30, 2015 21:28 pm UTC| Commentary
Asian currencies are likely to consolidate following the stabilization in market sentiments. However, economic activity data from regional manufacturing economies are likely to show continued weakness, reflecting the...
Swiss inflation and KOF leading indicator in focus
Aug 30, 2015 21:16 pm 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...

Monetary policy decision: All eyes on the ECB
Aug 30, 2015 21:08 pm UTC| Commentary Central Banks
The ECB is expected to nod in the direction of further policy easing at this weeks Governing Council meeting (Thursday), with risks skewed toward more forward-leaning guidance and possibly even action. Since the last...
Data to set the mood for BoC meeting
Aug 30, 2015 20:33 pm UTC| Commentary Central Banks
This weeks data releases will probably set the mood for BoCs meeting on September 9. The resilience of the Canadian consumer, together with satisfactory readings for inflation, is in line with the rhetoric of the BoC,...

RBA on hold, but dovish tilt to reflect China risks
Aug 30, 2015 20:25 pm UTC| Commentary Central Banks
The 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 RBA has taken on a more neutral tone. This risk reflected frustration with both the...
UK PMIs to be consistent with moderate growth
Aug 30, 2015 20:12 pm UTC| Commentary
UK August manufacturing (Tuesday; consensus: 51.9) and services (Thursday;consensus: 57.6) PMIs should be consistent with moderate economic growth. However, core inflation remains well below the BoEs 2% target (1.2% y/y in...