Euro zone inflation likely stable in December
Jan 20, 2016 00:35 am UTC| Commentary
While looking at the current economic situation in Euro Area, one can analyse the improved energy component rising from -7.3% yoy in November to -5.9% yoy, adding 15bp to the headline figure. However, food prices have also...
ECB likely to lower deposit rate around mid year
Jan 20, 2016 00:06 am UTC| Commentary
The recently released ECBs December policy meeting gave some idea regarding policy tools. According to the data, the ECB is concentrating on shifts in the medium-term inflation outlook, indicating that the central bank...
Jan 19, 2016 23:41 pm UTC| Commentary
Sterling has depreciated against the major peers and now market shifts their attention on UK job data figures due Wednesday. The labour data are likely to show further growth in employment. According to the Societe...
BRL depreciation remains most critical factor for upside risks
Jan 19, 2016 22:59 pm UTC| Commentary
Brazilian economy is facing downside pressure as food price inflation is much higher, currency is depreciating and lower inflation forecast for the 2016. According to the Societe Generale, inflation probably began to...
Oil price faces downside risk after Iran's re-entry shakes market
Jan 19, 2016 21:40 pm UTC| Commentary
Oil prices changed the direction again on Tuesday, returning closer to fresh multi-year lows, after last weeks decision to lift sanctions on Iran added to the woes of weak demand and worries over the worsening global...

Chinese economic growth slows in 2015, consistent with expectations
Jan 19, 2016 17:12 pm UTC| Commentary Economy
Year-over-year real gross domestic product (GDP) rose by 6.8% (consensus: 6.9%) in the fourth quarter of 2015. With this last data point, growth for 2015 comes in at 6.9%, in line with the 6.8% forecast, but down from 7.3%...
Upcoming Chinese data could heighten negative risk sentiment
Jan 19, 2016 16:39 pm UTC| Commentary
Markets will keep focus on China data-deluge, including the GDP, industrial production and retail sales due tomorrow. Expectations are for data to remain weak. Barclays forecasts Q4 GDP growth data to have slowed further...