Danish inflation likely to remain above euro-area inflation for the rest of 2015

Mar 10, 2015 07:03 am UTC| Commentary

Fuel prices are up and base effects are also pulling upwards. February is where we get the annual rent index update, which accounts for 20.4% of total CPI, so the potential for surprise is large.Danske Bank notes in a...

EGB market to continue to focus on the ECB purchases

Mar 10, 2015 06:58 am UTC| Commentary

Yesterday, a strong performance in core fixed income markets was seen as the ECB initiated its purchases. Besides the QE programme finally being started there were no apparent drivers for the rebound in bond...

U.S Fed likely to increase interest rates in June

Mar 10, 2015 06:49 am UTC| Commentary

The USD rally gained further tailwind yesterday and EUR/USD dropped below 1.08 overnight supported by some hawkish comments from Dallas Fed president Richard Fischer (non-voter, Hawk) saying that the Fed should increase...

CBR likely to cut rate

Mar 10, 2015 06:27 am UTC| Commentary

Uncertainty over the optimal interest rate policy has increased in the run-up to the March meeting (13 March) of the CBR Board of Directors, which will be devoted to reaching a decision on whether or not to cut the key...

French industrial production set to improve

Mar 10, 2015 06:12 am UTC| Commentary

In Europe, French industrial production is set to improve for the second month in a row, rising by another 0.5% mom in January.The Eurogroup did not make any material decision on Greece on Monday but announced that the...

Japan’s BOPs have changed dramatically

Mar 10, 2015 06:03 am UTC| Commentary

Japans balance of payments situation has been dramatically altered by both the Sendai earthquake andthe rise of Abenomics.The loss of productive capital stock, particularly in the energy sphere, was the key influence of...

Australian growth remains meek

Mar 10, 2015 05:51 am UTC| Commentary

The report on Australias national accounts for the December quarter which printed the day after the Reserve Banks board meeting would not have provided the Bank with much comfort around the economy.This set of national...