Mixed picture for October euro area PMIs

Oct 19, 2015 20:26 pm UTC| Commentary

The flash PMIs released this week is expected to show a mixed picture, with positive numbers from France but considerable weakening in Germany. Despite the disappointing Bank of France survey and the forecast for the INSEE...

Lowering of quality standards for Colombian coffee puts coffee prices under pressure

Oct 19, 2015 16:07 pm UTC| Commentary

The dry conditions generated by the El Niño weather phenomenon have also resulted in poorer development of coffee beans in Columbia, a country generally known for its high-quality Arabica coffee. According to the...

Chinese economy continues to weigh on oil prices

Oct 19, 2015 16:01 pm UTC| Commentary Economy

Oil prices are beginning the new week of trading down in the wake of predominantly weak Chinese economic data . Brent has fallen to a good $50 per barrel and WTI has slipped below the $47 per barrel mark. New data relating...

Poland's industrial production disappoints, retail sales shows signs of improvement

Oct 19, 2015 15:17 pm UTC| Commentary

Polands September real sector indicators were uninspiring. For industrial production, the 4.1% y/y reading was better than expectations. Confusingly, the headline figure shows a deceleration, while the SWDA reading turned...

Russia’s September production indicators improve, but consumption still declining

Oct 19, 2015 14:58 pm UTC| Commentary

Russias September real sector indicators provide some encouragement. Production indicators signal that the decline may have hit bottom and production is no longer declining. However, household consumption indicators imply...

ECB preview-more wait and see

Oct 19, 2015 14:50 pm UTC| Commentary Central Banks

Economists expect the ECB to keep its powder dry at the meeting on Thursday, but to retain a dovish tone and reiterate that it can adjust the size, duration and composition of the QE programme. From a market perspective,...

Unchanged effective euro will be a headwind to inflation

Oct 19, 2015 14:37 pm UTC| Commentary

The latest appreciation of the euro is a headwind to inflation and Draghi is likely to attempt to talk the euro down at the meeting in October by mentioning the divergence in monetary policy in the euro area and the...