Brazilian central bank likely to further cut rates by 25bps in November
Nov 09, 2016 12:03 pm UTC| Commentary
The Brazilian Central Bank cut its key interest rate for the first time in four years in October by taking advantage of the favorable environment of the BRL rally, slowing inflation and relief on the political front....
European Commission revises up Euroarea GDP growth forecast for 2016, 2017
Nov 09, 2016 11:47 am UTC| Commentary
The European Commission released its Autumn 2016 Economic Forecast report today, which shows that the EC projects euro area economy to expand 1.5 percent next year. It also expects the economic growth in the EU to be 1.6...
UK gilts snap long winning streak on profit booking; likely to remain volatile for short-term
Nov 09, 2016 11:32 am UTC| Commentary
The UK gilts slumped Wednesday as investors cashed in profit after relishing long winning streak. Also, we expect the Treasury prices to remain volatile in the short-term until market digest Trump victory. The yield on...
NBP unlikely to change policy course in near term, swift wage growth to delay monetary easing
Nov 09, 2016 11:20 am UTC| Commentary Central Banks
The National Bank of Poland (NBP) is expected not to change its fairly conservative policy course in the near term as inflation is slowly returning to zero at last. The countrys consumer prices are anticipated to reach...
Uncertainties surrounding South Korea’s economic outlook remain high
Nov 09, 2016 11:06 am UTC| Commentary
Uncertainties about the South Korean economic prospects continue to be high due to challenges faced by the automotive, smartphone and shipping industries, noted Scotiabank in a research note. South Koreas export sector...
Czech consumer price inflation accelerates in October
Nov 09, 2016 10:56 am UTC| Commentary
Czech consumer price inflation accelerated in October in sequential as well as in annual terms. On a month-on-month basis, consumer prices rose 0.3 percent, primarily due to an increase in clothing and footwear prices. The...
U.K. house prices pressures seem to have dropped in October
Nov 09, 2016 10:41 am UTC| Commentary
The U.K. house price pressures are likely to have dropped in October. The September RICS survey had recorded a continuing solid revival in new buyer enquiries from the June trough but a stalling of the improvement in new...