The Fed’s LMCI rises on strong October payrolls
Nov 09, 2015 15:46 pm UTC| Commentary Central Banks
The Federal Reserves Labor Market Conditions Index (LMCI) rose 1.6pts in October, mirroring the US labor market strength evident in last Fridays October employment report. Monthly estimates for Q3 were revised up by a...
Nov 09, 2015 07:58 am UTC| Commentary Central Banks
Recently, CNB has revised its inflation projection path lower through 2016, and while the CNB still forecasts inflation to reach the 2% target at the end of its forecast horizon, this does not seem like genuine...
Bank of France October business sentiment to perform well
Nov 09, 2015 04:45 am UTC| Commentary Central Banks
Business sentiment indicator of the Frances central bank is likely to release today. The French flash services PMI figure was revised upwards from 52.3 to 52.7 last week. The business sentiment indicator of the central...
Bank of France business sentiment to improve in October
Nov 09, 2015 00:29 am UTC| Commentary Central Banks
The French services PMI was revised upwards last week from the flash figure (from 52.3 to 52.7), and the Bank of France business sentiment indicator is expected to follow suit, rising from 97 to 98 for October. Increased...
Sweden inflation data and Riksbank minutes released
Nov 08, 2015 22:59 pm UTC| Commentary Central Banks
The Riksbanks negative rate policy is proving effective in stabilizing medium-term inflation expectations and has recently fuelled an uptick in inflation. CPIF seen averaging around 1.65% y/y in H1 2016, slightly below the...
Dovish BoE and soft employment report keeping GBP under pressure
Nov 08, 2015 21:58 pm UTC| Commentary Central Banks
Last weeks BoE communication was dovish, highlighting the MPCs anxiety about the external environment, particularly in EM economies and the downside risks it poses to the UKs domestic outlook. The Bank revised its growth...
Improving EA data unlikely to deter ECB from further easing
Nov 08, 2015 21:40 pm UTC| Commentary Central Banks
The EUR underperformed last week as a plethora of US data, including last Fridays employment report and recent Fed speak, increased market expectations for a December Fed rate hike. Furthermore, more policy accommodation...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight