
PBoC cut both rates and RRR again
Aug 26, 2015 02:18 am UTC| Commentary
Following a stock market sell-off and increasing fear of a looming financial crisis, the PBoC announced a symmetric 25bp benchmark rate cut on Tuesday, combined with a 50bp RRR cut. This is the second such combined cut,...
Flash August German HICP inflation to print at 0.1% yoy
Aug 26, 2015 00:47 am UTC| Commentary
Flash German HICP is expected to remain unchanged at 0.1% yoy in August. In terms of the details, noticeable weakness in energy prices are expected to continue to exert downward pressure on the headline component while the...
US personal income and consumer spending probably reaccelerated in July
Aug 26, 2015 00:28 am UTC| Commentary
Powered by a projected pickup in private wage and salary disbursements, US personal income likely expended by 0.5% in July - the largest one-month rise since last November. The pace of nominal consumer spending probably...

French business confidence to remain unchanged in August
Aug 25, 2015 23:43 pm UTC| Commentary
The French National Statistical Institute (INSEE) business confidence index for the entire economy is expected to remain unchanged at 99 in August (historical average=100), while the manufacturing index should also remain...
Flash Spanish HICP inflation to print at -0.2% yoy in August
Aug 25, 2015 23:22 pm UTC| Commentary
The flash Spanish HICP inflation is expected to decline from 0.0% yoy in July to -0.2% yoy in August, led by a considerable amount of weakness in the energy prices. The core component is expected to drop from 0.5% yoy...

Japan's unemployment rate to remain unchanged in July
Aug 25, 2015 23:02 pm UTC| Commentary
Japans unemployment rate is expected to remain unchanged at 3.4% in July. The number of job seekers that dropped out of the labour force increased in March and April, and these job seekers returned to the labour force in...
Brazil's GDP to contract heavily in Q2 and 2015
Aug 25, 2015 22:36 pm UTC| Commentary Economy
Brazils economic activity index suggests that the supply-side economy contracted -7.3% qoq (annualised ) or -3.1% yoy in Q2. This prompts to project Q2 GDP growth of -1.7% qoq (-7.0% annualised or -2.7% yoy for the...