
UK data does not matter to GBP for now
Oct 15, 2015 05:56 am UTC| Commentary
While the strength of the UK economy will ultimately drive the BoE rate decision, GBP is currently relatively insensitive to UK data surprises.The 12-month correlation between weekly log changes in the GBP TWI versus the...
Sweden's home prices will likely continue higher
Oct 15, 2015 05:51 am UTC| Commentary
Sweden home prices will likely continue higher despite the recent sharp rises to seemingly high levels. The main reason is that mortgage rates, which historically have correlated well with home prices, are set to remain...
CBR's key rate likely at 8% by end of 2016
Oct 15, 2015 05:47 am UTC| Commentary
In the longer run the RUB may remain vulnerable to the external turmoil because of the weak economy, limited access to western capital markets and the CBRs easing policy.However, on the positive side, if the oil market...
Implications for US PCE chain-weighted price measures
Oct 15, 2015 05:44 am UTC| Commentary
While market participants focus more on US BLS CPI report than the late-month release of chain-weighted personal consumption expenditure (PCE) inflation measures, monetary policymakers couch their inflation objectives in...

US' unadjusted CPI-U likely slipped in September
Oct 15, 2015 05:36 am UTC| Commentary
Before seasonal adjustment US CPI-U fell by 0.2% to 237.767 last month, the lowest reading since April. Looking ahead, underlying consumer prices for goods and services generally soften during the fall quarter."The updated...
U.S. unadjusted CPI-U likely dipped in September
Oct 15, 2015 05:35 am UTC| Commentary
The United States unadjusted CPI-U data is sechduled to release today. Analysis suggests that before seasonal adjustment the CPI-U fell by 0.2% to 237.767 last month - the lowest reading since April.Looking ahead,...
Oct 15, 2015 05:26 am UTC| Commentary
EUR/CHF is currently at 1.0901 and USD /CHF is testing the 0.95 level. A gradual CHF weakening can be expected to continue as Switzerlands financial outflows resume.CHF movement looks conservative and also a conservative...