Slump in energy prices hasn't triggered a wider deflationary spiral in the US

Apr 17, 2015 14:27 pm UTC| Commentary

Although US headline consumer prices increased by a slightly smaller than expected 0.2% m/m in March (the consensus forecast was 0.3% m/m), there are now clear signs of a firming in underlying inflation.Maybe not enough of...

Sweden unemployment likely to edge down in March

Apr 17, 2015 14:20 pm UTC| Commentary

Sweden unemployment rate is likely to edge down in March. Robust employment growth and favorable panel effects will probably explain the drop.Labour market trends is not the focal point for the Riksbank, while inflation...

April BoE MPC minutes will focus on strengthening GBP and inflation expectations

Apr 17, 2015 14:09 pm UTC| Commentary

As expected the BoE kept its monetary policy stance unchanged at the MPC meeting on 8-9 April. (Bank rate at 0.5% and the size of the Asset Purchase Programme at GBP 375bn).Most likely the MPC members unanimously voted for...

Greece will continue to grab headlines in the run-up to the Eurogroup meeting

Apr 17, 2015 14:02 pm UTC| Commentary

In the run-up to the Eurogroup meeting on 24/25 April, Greece will continue to grab headlines and market attention. After so many missed opportunities, it is hard to be convinced that a solution will be found this...

US CPI inflation to post largest increase in two years

Apr 17, 2015 05:48 am UTC| Commentary

After seven months of declines, gasoline prices rebounded in March and should propel the headline CPI index 0.4% higher. Pump prices are likely increased by 8.4% last month, or about 2% above a normal seasonal...

Polish employment growth in March likely remained stable

Apr 17, 2015 05:43 am UTC| Commentary

Polish employment growth in the corporate sector in March is estimated at 1.1% yoy and 0.1% mom.The number of employees will remain at around 5.58m, which is nearly 61,000 more than a year previously.The labor market will...

Polish nominal wages likely decelerated in March

Apr 17, 2015 05:29 am UTC| Commentary

The average Polish gross wage growth is likely decelerated to 2.9% yoy in March from 3.2% in February but increased by 3.8% mom, according to Societe Generale.Real wage growth is still being supported by deflation, and...