Continuation of Poland's current account deficit likely for August

Oct 13, 2015 06:01 am UTC| Commentary

Polands current account balance figure is scheduled to release on 14th October. A current account deficit of around -1,042m is estimated for August, similarly, in the trade account, a deficit of 401m resulting from a...

Final euro area HICP inflation to confirm flash at -0.1% yoy

Oct 13, 2015 05:51 am UTC| Commentary

In Euro area, food and services made positive contributions to the headline adding 2bp and 4bp, respectively, while continued weakness in energy prices (Brent and gasoline prices) drove the energy component further down to...

Migrant Crisis Series

Refugee crisis and UK referendum top of the list of EU leaders’ discussions

Oct 13, 2015 05:49 am UTC| Commentary

Three main items will be discussed at the 15/16 October European Council meeting, the refugee crisis, the euro area integration process, and the UK referendum. No major decision is expected on any of these topics,...

BI to remain on hold

Oct 13, 2015 05:35 am UTC| Commentary

Indonesias September CPI printed at 6.83% yoy (the first sub-seven percent inflation in the past five months). Despite this, however, headline inflation is still way above the BIs target corridor of 4±1% this year...

BoK to revise its GDP and inflation forecasts

Oct 13, 2015 05:26 am UTC| Commentary

In the quarterly review of the macroeconomic outlook, the BoK is likely to introduce modest downward revisions to its GDP and inflation forecasts, with the GDP forecast potentially changing to 2.6% from 2.8% in 2015 and to...

Inflation markets probably unimpressed with ECB QE so far

Oct 13, 2015 05:18 am UTC| Commentary

The 5y5y EUR inflation rate (what weve been calling "the Draghinometer", since the ECB President began to focus heavily on it) now sits at 1.64%. That, in itself, will be somewhat troubling for the ECB, although the US...

Spain at risk of non-compliance in 2016 Draft Budget Plans, Italy to use all flexibility

Oct 13, 2015 05:15 am UTC| Commentary

October 15th is the final deadline for submitting the 2016 Draft Budgetary Plans (DBP) to the European Commission. Spain sent its DBP in early September, requesting an earlier assessment in order for the parliament to...