Poland CPI likely increased in June

Jul 15, 2015 06:11 am UTC| Commentary

Polands CPI inflation registered -0.9% in May is expected to increase in June as transport and food prices are likely to increase.Societe Generale estimates that deflation in June eased to -0.7% yoy from -0.9% in May. In...

Brazil's GDP growth rate likely to fall in 2015 but small recovery in 2016

Jul 15, 2015 05:59 am UTC| Commentary

There is a sharp decline in Brazils industrial production to -8.9% yoy in May. Due to the fall in industrial production, Societe Generale projects the overall supplyside contraction of -3.7% yoy in May, and estimates the...

Market impact likely to be very limited on the ECB toolbox

Jul 15, 2015 05:46 am UTC| Commentary

Tenyear Bund yields and periphery spreads are currently around the same level as before the Greek referendum was called on 26 June. "As both policy and communication about the policy outlook are expected to be unchanged...

UK total earnings growth to rise strongly

Jul 15, 2015 05:40 am UTC| Commentary

There is a clear picture emerging in the UK claimant data of a cooling of the downward trend in unemployment and that might soon manifest itself in the LFS data as well.The LFS unemployment rate should continue on its...

Nuclear deal paves way for return of Iran oil

Jul 15, 2015 05:25 am UTC| Commentary

Earlier today, Iran and the so-called P5+1 group of countries (China, France, Russia, the UK and US + Germany) agreed on a Joint Comprehensive Plan of Action (JCOA) set to constrain Irans nuclear programme in return for...

French June inflation to continue to climb

Jul 15, 2015 05:24 am UTC| Commentary

For the month of June, French energy prices are expected to have contributed the most, followed by higher food prices. The ongoing rebound in gasoline prices could continue to provide upside push to the energy...

The ECB ready to act in relation to Greek situation

Jul 15, 2015 05:13 am UTC| Commentary

The uncertainty concerning Greece has had a general muted market impact, and so far soft words from the ECB have been enough even though the ECB statement could have been more explicit.The ECB did thus not use the...