
ECB to take an accommodative stance on monetary policy
Nov 24, 2015 06:26 am UTC| Commentary Central Banks
Euro areas both monetary policy and the fiscal stance will be accomodative. The final October HICP report indicates that there is only an upward revision. ECBs October meeting minutes did not consist any critical new...
Domestic demand to lead German’s Q3 GDP
Nov 24, 2015 06:19 am UTC| Commentary Economy
Based on the preliminary report, Germans Q3 GDP expanded by 0.32% qoq. The economy posted 0.44% growth in Q2. The domestic demand is likely to lead the growth rate in this quarter. We expect private and government...
CEE’s household purchasing power to rise in coming years
Nov 24, 2015 06:06 am UTC| Commentary
The unemployment rate in the various Central Europe Economies has reduced to its lowest level since 2008-2009. Moreover, a further drop is expected next year. The employment rate is rising across the whole region except...
CEE likely to post 3% growth next year
Nov 24, 2015 05:46 am UTC| Commentary
Economic growth in the Central Europe Economies is above the euro-area average growth. This is due to better domestic demand in the region, especially in Poland, Czech Republic and Slovakia, and this trend is likely to...
European Union's 2016 fiscal stance likely to be modestly expansionary
Nov 24, 2015 05:44 am UTC| Commentary
European Union Commission anticipated that Euro areas aggregate fiscal stance should be broadly neutral in next year. The commission considers this as appropriate. The Euro areas fiscal stance might turn modestly...
Saudi's USD/SAR's peg likely to break?
Nov 24, 2015 05:27 am UTC| Commentary
Off-late oil price declines have driven the speculations higher about the USD/SAR pegs breaking possibility. This is unlikely. 12 month forwards are already setting to price in SAR weakness. This clearly signals that...
Daily Economic Outlook: 24th November, 2015
Nov 24, 2015 05:22 am UTC| Commentary
The German IFO survey, Bank of England MPC testimonies and the second estimate of US Q3 GDP will draw market attention today. The BoE Governor Carney and Chief Economist Haldane will confirm to the Treasury Select...