The market is doing the RBA's job

Jul 06, 2015 08:00 am UTC| Commentary

Tomorrow morning is the RBAs rate meeting. The Australian central bankers have made it clear that they like to see a weaker Australian dollar.If the AUD was too strong this would require a further rate step. That has...

Australia's economic growth is reasonably solid

Jul 06, 2015 07:47 am UTC| Commentary

There is, little reason to expect the RBA to have shifted its assessment of the economy if anything, any latent easing bias should have been reduced given the considerable amount of new information that has emerged since...

Reserve Bank of Australia's unchanged rates almost a foregone conclusion

Jul 06, 2015 07:43 am UTC| Commentary

Following the rate cuts in February and May, a lengthy period of stability is, in our view, the most likely scenario. There is no clear bias in its policy."That is entirely in line with the median forecast as well as...

Unchanged views among National Bank of Poland's council members

Jul 06, 2015 07:33 am UTC| Commentary

There is a broad consensus among the members of NBP that interest rates should stay on hold at least until the end of this year. According to Jerzy Hausner, Poland is still expected to exit deflation by the end of the...

Chile's inflation moderation continues, albeit at a slowing pace

Jul 06, 2015 07:31 am UTC| Commentary

The recent depreciation of the Chilean peso cannot be seen as threatening enough for current levels of inflation (headline and core), it could probably affect the extent of inflation deceleration that we expect for the...

Chile's trade balance improving, but trade diminishing

Jul 06, 2015 07:26 am UTC| Commentary

Chiles trade data since March has been bad and the May trade data was particularly disappointing as both exports and imports fell considerably in nominal peso terms even after taking into account the significant pace of...

Chile's growth recovery likely stalled in May, downside risks to Q2/2015

Jul 06, 2015 07:17 am UTC| Commentary

Even after accounting for the currency weakness, Chiles nominal exports and imports both fell sharply in May and there appears to be little respite from this weakness anytime soon. This presents considerable downside risk...