SNB to be on hold as conditions have started to ease mildly

Sep 15, 2015 06:45 am UTC| Commentary

Modest CHF depreciation in the past few weeks, in addition to better-than-expected Q2 growth, has eased conditions somewhat and relieved some pressure from the SNB. Nonetheless, recent financial volatility and China growth...

Final euro area HICP inflation to confirm flash at 0.2% yoy

Sep 15, 2015 06:44 am UTC| Commentary

While Euro Areas food and services recorded the highest annual rate, continued weakness in energy prices (especially in Brent, and more recently, in gasoline prices) kept the energy component weak at -7.1% yoy in August...

Indonesia import surge heralds return of public spending

Sep 15, 2015 06:42 am UTC| Commentary

Indonesias trade surplus narrowed sharply in August, falling to USD434mn, much smaller than expected and driven by a 21.7% m/m surge in imports. While partly seasonal, the strong post-Ramadan recovery in imports also...

Greece toward a pro-programme coalition?

Sep 15, 2015 06:27 am UTC| Commentary

The snap general elections will be the third national ballot in 2015 in Greece, after the referendum and the general elections in January. The outcome appears as uncertain as ever. The latest polls show that Syrizas...

US residential construction activity likely to rise

Sep 15, 2015 06:23 am UTC| Commentary

Consistent with the snapback in US construction hours worked, the number of new housing units started probably climbed by 2.0% to a seasonally adjusted annual rate of 1.23 million in August, the strongest activity since...

US consumer prices likely stalled in August

Sep 15, 2015 06:14 am UTC| Commentary

Reflecting a projected 3.5% decline in US seasonally adjusted motor fuel costs, the CPI energy gauge likely fell by 1.6%, retracing a little over one quarter of the 6.2% hike posted over the May -July span. Echoing the...

BCCh rate changes unlikely till H1 2016 in Chile

Sep 15, 2015 05:35 am UTC| Commentary

On several occasions, the central bank has confirmed the suspicion that the bank sees further easing as futile, given the view that a substantial part of the growth deterioration is probably structural (vs cyclical).While...