UK domestic demand to remain resilient
Dec 09, 2015 21:33 pm UTC| Commentary
As in 2015, the burden of driving growth is set to fall squarely on the domestic private sector. Fiscal headwinds are expected to mount and the prospect of a significant pickup in net exports still looks limited - in the...
UK monetary policy sandwiched between the US Federal Reserve and the ECB
Dec 09, 2015 21:22 pm UTC| Commentary
The UK monetary policy sandwiched between the US Federal Reserve and the ECB. The domestic private sector is expected to continue to drive the UK economy, which is forecast to expand by 2.3% next year. Nevertheless,...
Prewarning Norway inflation-close to 3% again
Dec 09, 2015 18:46 pm UTC| Commentary
Norway November inflation will be published10 December at 10:00. Economists forecast a moderate slowdown in inflation from 3.0% in October to now 2.9%. Forecast is close to Norges Banksforecast at2.96%, but marginally...
Inflation and wage expectations increase - but too slow for the Riksbank
Dec 09, 2015 18:00 pm UTC| Commentary
Inflation expectations have increased 0.1 - 0.2 ppts since Prosperas September survey. Also wage expectations are somewhat higher today than a quarter ago. This is good news for the Riksbank, but levels remain far too low...
Commodities knocked down but bounce back
Dec 09, 2015 17:43 pm UTC| Commentary
Oil and metals are moving in lockstep as crude bounces back from its six-year low and industrial metals push higher. Oil has improved slightly after dipping down to mid-$30-barrel prices despite the constant U.S. stockpile...
Dec 09, 2015 17:40 pm UTC| Commentary
This Friday (11 December 2015) at 11:30 CET, Russias central bank (the CBR) is due to announce its monetary policy decision followed by a press conference. The key rate is expected to be lowered by 50bp to 10.50%, while...
Mexico inflation reaches another low, should Banxico hike?
Dec 09, 2015 16:45 pm UTC| Commentary
Mexico CPI increased 0.55% m/m in November, although mitigated by a decline in the CPI in the second half of the month (-0.06% 2w/2w) driven by reduction of perishable prices and lower mobile tariffs. Core inflation was...