National Bank of Poland to stand pat
Dec 02, 2015 09:38 am UTC| Commentary Central Banks
It is broadly expected by market participants that National Bank of Poland would remain on hold today. We expect no change in rate or language from NBP today: we expect further rate cuts in Poland next year, says...
ECB to come up with EUR negative surprise?
Dec 02, 2015 09:26 am UTC| Commentary Central Banks
EUR/USD gained almost a cent yesterday. There is skepticism in the market if ECB would be able to come up with a surprise tomorrow, which is Euro negative. Market participants are expecting the ECB to increase QE in...
Deflationary pressure remains elevated in UK
Dec 02, 2015 09:16 am UTC| Commentary Economy
According to latest report from BRC, shop prices are in decline at record pace in November, posing considerable doubts over bank of Englands (BOE) ability hike rates. After maintaining the rhetoric for quite some time, in...

Brazilian economy to recover by end of 2016
Dec 02, 2015 08:47 am UTC| Commentary
Brazilian economy again posted negative growth rate in Q3. The GDP data for Q3 shows the economic activity declined by -1.7% q/q in compare to -2.1% q/q in Q2. The major factors to lead the negative growth are...
Guide to today’s important data and events
Dec 02, 2015 07:27 am UTC| Commentary
Lots of economic dockets scheduled for today and some with high risks associated. Data released so far Australia - Q3 GDP grew 0.9%, up 2.5% from a year ago. Upcoming Spain - Unemployment change for...
Weaker external demand hits U.S. manufacturing PMI
Dec 02, 2015 07:22 am UTC| Commentary
U.S. manufacturing PMI disappointed in November as it contracted to 48.6 from 50.1 in previous month. The index is expected remain above 50 as various regional surveys found improvement in supplier deliveries and...

UK Construction PMI likely to record slight drop in November
Dec 02, 2015 07:22 am UTC| Commentary
UKs Markit construction PMI for the month of November is expected to be dropping slightly to 58.6 by market consensus, from that of its previous months 58.8 reading.The construction PMI suggests solid growth in the sector,...