
ECB meeting: Dovish tone from ECB board members
Oct 29, 2015 20:33 pm UTC| Commentary Central Banks
After the press conference held by president Draghi, who has a good track record of being ahead of the market, ECB board members (Praet, Constancio, Coeuré) signalled significant dovishness, indicating that the ECB...
US job creation probably reaccelerated in October
Oct 29, 2015 20:23 pm UTC| Commentary
The BLS is expected to report that payroll employment growth gathered steam once again in October, after disappointing results in August and September. It is estimated that nonagricultural concerns hired 220,000 net new...
Turkey elections, another inconclusive outcome?
Oct 29, 2015 18:07 pm UTC| Commentary
Following fruitless efforts to form a coalition government following the 7 June parliamentary elections, Turkey is heading for another round of elections on Sunday. The political stalemate is prompted by the fact that the...
US employment growth expected to improve modestly in October
Oct 29, 2015 17:32 pm UTC| Commentary
For the October employment report, scheduled for release on Friday, November 6, Headline payrolls is expected to rise by 175k, private payrolls to increase by 160k, and government payrolls to expand by 15k. Relative to the...
Return of foreign investors to buoy EM markets
Oct 29, 2015 17:08 pm UTC| Commentary
The rebound in EM financial markets during the past month coincided with an increase in portfolio inflows. Capital Flows Tracker, shows that, having sunk to the lowest levels since the 2013 taper trantrum during the...
Weak activity and low inflation will keep EM central banks dovish
Oct 29, 2015 16:18 pm UTC| Commentary
In addition to sluggish G3 growth, emerging market (EM) economic activity has been hampered by tight liquidity conditions. These became especially tight after the volatility spike that followed the 11 August CNY move and...
CBR rate decision preview: time to resume easing
Oct 29, 2015 15:22 pm UTC| Commentary Central Banks
This Friday (30 October 2015) at 11:30 CET Russias central bank (the CBR) will announce its monetary policy decision. Economists expect the key rate to be lowered by 50bp to 10.50%, while consensus is split between a 50bp...