China’s CPI inflation to soften marginally; PPI deflation to deepen again
Oct 14, 2015 05:55 am UTC| Commentary
Agricultural product prices of China dropped over the same period. Therefore, food price inflation is likely to have softened from 3.8% yoy in August, says Societe Generale.At the same time, administrated fuel prices were...
Another transitory print in UK inflation
Oct 14, 2015 05:50 am UTC| Commentary
The outlook for UKs house prices is important, the ONS house price index surprised modestly to the upside in August (the house price data lag the inflation release by one month) and an acceleration in house price growth...
Oct 14, 2015 05:42 am UTC| Commentary
Yesterdays sharp reversal suggests further corrective AUD/USD behaviour today towards 0.7200. Yesterdays outside reversal keeps AUD/NZD downside in view, next target is 1.0850."Eventual resumption of the strong US dollar...

Brazil's retail sales rise sequentially in August
Oct 14, 2015 05:40 am UTC| Commentary
Retail sales fell 3.5% yoy in Q2 following the 0.8% yoy decline in Q1. The same pace of decline continued in July as well - and the sequential contraction in sales means consumption will continue to be a significant drag...
Oct 14, 2015 05:39 am UTC| Commentary
Yesterdays sharp reversal suggests further NZD/USDs corrective behaviour today towards 0.6600. Given the slightly lower US and Australian yields overnight, NZ 2yr swap rates should open down1bp at 2.70%, while the 10yr...
US economy probably close to reach Fed's December finish line
Oct 14, 2015 05:28 am UTC| Commentary
Speeches by FOMC participants in recent weeks suggest that the positions taken at the September meeting have not materially changed despite the disappointing Employment Report. If the dot plot is looked at, that would mean...
China deflation risks point to more monetary easing
Oct 14, 2015 05:24 am UTC| Commentary
Chinas PPI deflation remained deeply negative at -5.9% y/y, extending its streak of negative readings to 43 months. The producer goods index remained at -7.7% as a widening in the contraction in raw material prices offset...