Australian bonds slump as Fed keeps interest rates outlook unchanged; solid November employment report

Dec 14, 2017 02:59 am UTC| Commentary Economy

Australian government bonds slumped followingthe weakness in the U.S. Treasuries after the Federal Reserve raised interest rateson Wednesdaybut left its rate outlook for the coming years unchanged even as policymakers...

Polish central bank likely to hike interest rate in Q4 2018

Dec 13, 2017 20:47 pm UTC| Commentary

Inflation in Poland is expected to drop at the start of 2018, mainly because of base effects, noted Erste Group Research. Inflation is likely to come back to an upward trend throughout 2018 and might rise even above target...

U.S. Fed hikes rate by 25 bps, rate hikes to stay gradual - Barclays

Dec 13, 2017 20:29 pm UTC| Commentary Central Banks

The FOMC hiked the target rang for the federal funds rate today by 25 basis points to 1.25-1.5 percent, widely expected by markets. The Federal Open Market Committee made just modest changes to the statement, the most...

Euro area industrial production rises in October, to underpin GDP growth in Q4

Dec 13, 2017 20:28 pm UTC| Commentary

After reports of a sharp drop in German industrial production in October caused at least to certain degree by calendar effects, and a sizeable rise in the equivalent French data, euro area industrial production was likely...

U.S. consumer prices rise healthily in November, core prices ease

Dec 13, 2017 17:09 pm UTC| Commentary

U.S. consumer prices rose healthily in November. The headline inflation rose 0.4 percent sequentially, bringing the year-on-year rate at 2.2. percent from Octobers 2 percent. Three quarters of the price rise was because of...

Domestic demand likely to drive Polish economy in 2018

Dec 13, 2017 15:11 pm UTC| Commentary

The Polish economic growth is expected to be mainly driven by domestic demand next year, which in turn is likely to be stimulated by private consumption, noted Erste Group Research. Even if the tight labor market underpins...

Swiss National Bank unlikely to change monetary policy in December - Commerzbank

Dec 13, 2017 13:43 pm UTC| Commentary

The Swiss central bank is expected to take a breath and remain on hold during its meeting tomorrow. According to a Commerzbank research report, the Swiss National Bank is expected to feel relaxed. The EUR/CHF pair has...