Currently CNY depreciation would have limited growth impact
Aug 19, 2015 05:25 am UTC| Commentary
Most of Chinas July real activity data came in weaker than expected amid unfavourable weather conditions. Industrial production (IP) growth slowed to 6.0% y/y (Q2: 6.3%).While the slowdown partially reflects some base...
Downside risks likely to CNY in near term
Aug 19, 2015 05:21 am UTC| Commentary
The PBoC announced on 11 August a move to improve the pricing mechanism of the daily fixing rate, with a reference to the previous days closing rate as well as taking into account FX market supply-demand and other currency...

U.S. July Consumer prices likely decelerated further
Aug 19, 2015 05:19 am UTC| Commentary
U.S. consumer price index data for July is scheduled to release today. Capped by projected slowdowns in retail energy costs, the Consumer Price Index (CPI) probably climbed by 0.2% in July - the smallest increase since...
UK core inflation in August is likely to fall slightly
Aug 19, 2015 05:16 am UTC| Commentary
UK CPI inflation increased to 0.1% y/y in July, from 0.0% y/y in June. The small increase in CPI inflation was due mainly to the timing of summer sales last year, as prices fell in July instead of June last year. Core...

Implications for policy sensitive US consumer inflation gauges
Aug 19, 2015 05:09 am UTC| Commentary
Market participants rightfully pay considerable attention to individual items in the BLS CPI report. However, those with their hands on the levers of monetary policy remain more concerned with their implications for PCE...
Fuel prices keep up pressure on Malaysia CPI
Aug 19, 2015 05:08 am UTC| Commentary
Malaysias inflation moved much higher in July, rising to 3.3% y/y (June: 2.5%) is more than expected. The big increase in inflation continues to be driven by fuel prices, which were raised again in July, and are now up...

US unadjusted CPI-U likely posted a more modest gain in July
Aug 19, 2015 05:01 am UTC| Commentary
In response to ongoing requests from those involved in the US inflation-trading space, we continue to provide detailed estimates for the prior months unadjusted CPI-U index, as well updated forecasts for the BLS series...