
EU wheat crop set to fall markedly despite record crop in France
Aug 19, 2015 09:45 am UTC| Commentary
Worldwide, the US Department of Agriculture (USDA) is predicting a record-high wheat crop in 2015/16, though this is unlikely to apply to the EU. Although France is likewise reporting a new record crop of up to 40.4...

Gold price rises significantly after brief dip
Aug 19, 2015 09:41 am UTC| Commentary
The gold price has risen well above $1,120 per troy ounce this morning and is therefore nearing the 3½-week high it achieved last week. Gold had come under pressure for a time yesterday, dipping briefly to $1,110....
DOE expected to report smaller decline in US crude oil stocks
Aug 19, 2015 09:36 am UTC| Commentary
Oil prices performed differently yesterday: whereas Brent stagnated at $48.5 per barrel, WTI gained by nearly 2% to reach $42.5 per barrel. The price increase in WTI is nothing more than the proverbial drop in the ocean in...
China Yuan Reminbi devaluation may hit exports
Aug 19, 2015 09:29 am UTC| Commentary
CNY devaluation could slow exports to China, while weighing on upstream inflation depending on the pricing behavior of Chinese exporters. Domestic machinery orders excluding ships and electric power (core orders), a...
A -4% decline likely in Russia’s 2015 GDP
Aug 19, 2015 09:27 am UTC| Commentary
Russias recession deepened to -4.6% y/y in Q2 from -2.2% in Q1. Russian real sector data to be released next week will provide further indications on the growth path. A bottoming out of the recession appears to be...
China slowdown may have limited impact on U.K. economy
Aug 19, 2015 09:11 am UTC| Commentary
The slowdown in U.K employment growth will draw PMCs attention towards monetary conditions and external risks. Monetary conditions have substantially tightened over the past two years, driven by exchange rate appreciation...
CBT likely to keep monetary policy broadly neutral
Aug 19, 2015 09:04 am UTC| Commentary
Judging by the words of the CBT governor that the immediate effect on the monetary policy will be neutral ("as this is not an effort to loosen or tighten our policy stance"), if it chooses to do so, the CBT may increase...