US inflation pressures continue to mount

Dec 16, 2015 06:08 am UTC| Commentary

US November headline CPI inflation moved upwards, led by base effects from the sharp decline in energy prices of last year. The rate has inched higher to 0.5% yoy from that of its previous months 0.2%. Headline CPI...

Fed to go by a hike today followed by a 25bp hike at every other meeting in 2016?

Dec 16, 2015 05:50 am UTC| Commentary Central Banks

US Federal Reserve is broadly expected to hike its near zero interest rates today. There are now 85% of expectations for a hike. In their last meeting, they said that they dont want to surprise markets, hence if they fail...

Volatility likely in Canadian home sales in near future

Dec 16, 2015 05:50 am UTC| Commentary Economy

Existing home sales in Canada posted a solid growth of 1.8% in November. The Canadian Real Estate Association (CREA) reveals the existing home sales figures are 10.9% higher than the same month of last month. Average...

Canada's positive growth and anticipated pick-up in 2016 likely to keep BoC on sidelines

Dec 16, 2015 05:32 am UTC| Commentary Central Banks

Bank of Canada released the Financial Systems Review, which highlighted risks related to the Canadian economy and its financial system. It talked about the developments in the housing markets. Some of the major strength...

Daily Economic Outlook: 15th December, 2015

Dec 16, 2015 05:30 am UTC| Commentary

The long awaited U.S. Feds tightening monetary policy is is expected to announce today. This will be the first rate hike by the Fed since 2006. Markets will be eagerly waiting for Yellens press conference on FOMC...

Spain’s medium-term fiscal outlook

Dec 16, 2015 05:27 am UTC| Commentary

Spains public debt is reaching nearly 100% of GDP, and assuming average funding costs climb up towards 4-5%, once the ECB stance normalizes, the primary fiscal balance would need to reach at least +1% of GDP in order to...

U.S. inflation rate likely to increase further

Dec 16, 2015 04:52 am UTC| Commentary

U.S. headline inflation for November was remain steady in a month on month comparison, and increased by 0.5% year on year. Core inflation, on the other hand, increased by 0.2% month on month and 2.0% year on year on the...