UK Inflation likely to remain very low in coming months despite increase in July

Aug 18, 2015 15:58 pm UTC| Commentary

UK CPI inflation increased to 0.1% y/y in July, from 0.0% y/y in June (0.1% y/y, consensus 0.0%). The small increase in CPI inflation was due mainly to the timing of summer sales last year, as prices fell in July instead...

U.S. housing starts and building permits (July)

Aug 18, 2015 15:07 pm UTC| Commentary

U.S. housing starts rose 0.2% in July, the second increase in a row but below expected, to 1,206,000 units annualized, still the highest since October 2007. (There were upward revisions to the prior two months, especially...

US CPI expected to rise modestly in July before an August dip

Aug 18, 2015 14:48 pm UTC| Commentary

The Bureau of Labor Statistics (BLS) survey of consumer goods and services costs in July will provide the first of two important updates on retail inflation heading into the Federal Open Market Committees (FOMC) September...

US Q3 GDP tracking 2.7% after strong July housing starts

Aug 18, 2015 14:42 pm UTC| Commentary

Housing starts rose 0.2% m/m in July, to 1.206mn, coming above forecast (1.09mn) and consensus expectations (1.18mn) from an upwardly revised level for June starts (1.204mn, initial: 1.174mn). Multi-family family starts...

Near-term UK inflation to remain subdued

Aug 18, 2015 12:48 pm UTC| Commentary

UK inflation data for July is released this morning. The inflation data caused the analysts to revise their forecasting for many indicators. These upward revisions are partially offset by lower oil price assumptions...

A look at Spain's growth

Aug 18, 2015 12:35 pm UTC| Commentary

Spains Q2 GDP data released on 30th July indicates a steady recovery from recession as the economy accelerated to 3.1% yoy in Q2, 2015 from -2.7% at the end of 2012. After an initial spurt from net trade, the recovery...

CFA Institute Analyst speaks on Blockchain and future of finance

Aug 18, 2015 12:07 pm UTC| Digital Currency Commentary

Speaking to Exponential Magazine, Svi Rosov, a CFA Institute capital markets policy analyst, said that as a result of the continuing transition of markets from a human-based ecology to a machine-based one, more flash...