Polish gross wage growth likely to have slowed down in February

Mar 16, 2015 08:44 am UTC| Commentary

Societe Generale notes the following in a report on Monday... We anticipate a decline in average gross wages to 3.2% yoy in February from 3.6% in January, while, in monthly terms, wages should increase by 0.9%. Growth...

Low inflation ought not to influence BI's monetary policy

Mar 16, 2015 08:41 am UTC| Commentary

With the continued fall in crude prices and concomitant reduction in domestic motor fuel prices pulling down these prices virtually to the same level as the pre-hike level, the BI no longer felt the need for a tighter...

UK public finances continue to improve

Mar 16, 2015 08:35 am UTC| Commentary

Coming only a day after the UK Budget, this release will attract much less interest than usual.The OBRs updated forecasts for the 2014-15 fiscal year will include implied figures for February and March combined so the...

MPC minutes more dovish

Mar 16, 2015 08:33 am UTC| Commentary

The key features in the month up to the last MPC meeting were the fall in inflation and the associated continued appreciation of sterling.Looking at the latest speech from Mark Carney, he seems to be placing increasing...

Further large falls in the U.K claimant count

Mar 16, 2015 07:06 am UTC| Commentary

Societe Generale notes as follows on Monday: The U.K unemployment rate continues to fall apace, now standing at 5.7%. It should stay there in this months release but the claimant count rate should fall from 2.5% to...

Greece to continue to pay back the IMF; progress on reforms still too limited

Mar 16, 2015 07:00 am UTC| Commentary

Having managed to pay back the 346m due to the IMF last Friday, Greece will again need to find funds in order to repay the IMF 577m due on Monday 16th and 346m on 20th March.On top of that, 1.6bns worth of T-bills expire...

Greece to continue to pay back the IMF; progress on reforms still too limited

Mar 16, 2015 07:00 am UTC| Commentary

Having managed to pay back the 346m due to the IMF last Friday, Greece will again need to find funds in order to repay the IMF 577m due on Monday 16th and 346m on 20th March.On top of that, 1.6bns worth of T-bills expire...