
District Fed factory gauges likely to improve in October
Oct 13, 2015 04:39 am UTC| Commentary
Canvasses of local firms conducted by the Federal Reserve Banks of New York and Philadelphia will provide early glimpses at factory activity in October and will allow to do some spade work on the Institute for Supply...
Massive policy shift likely in US/EU/Japan in 2016
Oct 13, 2015 04:26 am UTC| Commentary
If deflation inequality intensified by recession, investors should anticipate massive policy shift in 2016 in US/EU/Japan from QE to fiscal stimulus and in China from fiscal stimulus to QE FX depreciation; positive for...

US consumer prices likely ran out of energy last month
Oct 13, 2015 04:20 am UTC| Commentary
Triggered by a gasoline-led drop in retail energy quotes, the Consumer Price Index (CPI) probably edged 0.2% lower in September, following a 0.1% downtick in the prior month. Pump prices likely tumbled by 8.7% after...
Daily Economic Outlook:13th October, 2015
Oct 13, 2015 04:11 am UTC| Commentary
Inflation figures for September are todays domestic highlight. Last month saw the headline CPI rate, which has fluctuated between 0.1 and -0.1% y/y since February, fall back by 0.1pp to 0.0%, partly on the back of weaker...
No significant breach of European rules by Italy
Oct 13, 2015 04:08 am UTC| Commentary
Similar to other euro area countries, Italys compliance with the Stability and Growth Pact (SGP) will be assessed on three criteria , i) The Structural balance pillar. Countries that have not yet reached their...
Tax cuts main feature of clearly expansionary budget plan in Italy
Oct 13, 2015 03:55 am UTC| Commentary
The precise measures contained in the 2016 budget plan of Italy as well as their cost will not be known before the plan is actually sent to Brussels. What we know for sure is that the governments objective is to stimulate...
Italy asks to make the most of the new SGP rules
Oct 13, 2015 03:54 am UTC| Commentary
Italy will be broadly compliant with the Stability and Growth Pact rules, as it should benefit from a number of exemptions. In fact, the European Commission allows for temporary deviations from the MTO in specific cases...