Norway CPI likely to decline

Sep 07, 2015 04:37 am UTC| Commentary

In Norway, the recent NOK weakness versus the EUR further unwound last week, despite increased oil market volatility. For the week ahead,CPI-ATE is expected to increase 2.7% y/y, while CPI inflation is expected to...

China’s FX reserves and macro data to be closely scrutinized

Sep 07, 2015 04:16 am UTC| Commentary

Recent stability in the CNY is helping to stabilize other EM Asian currencies, although weak risk sentiment and commodity prices are exerting downward pressures on higher beta currencies such as the KRW, MYR and the IDR....

Daily Economic Outlook: 7th September 2015

Sep 07, 2015 04:10 am UTC| Commentary

It is likely to be a quiet start to the week with the US markets closed for the Labor Day holiday and no major data releases elsewhere. With concerns about China continuing to hang over global markets, the run up to the US...

Aussie jumps after building data

Sep 07, 2015 04:09 am UTC| Commentary

The Australian dollar was off to a solid start on Monday, with help from signs that Australians construction sector expanded at the fastest pace in almost a year last month. The AiG Construction Index indicated on Monday...

BCB Minutes to confirm long pause

Sep 07, 2015 04:04 am UTC| Commentary Central Banks

In an environment where economic activity continues collapsing and the political commitment to push the necessary structural reforms is nonexistent at this point,this trend is not over. Although the BRL has...

Mexican Peso getting used to low inflation

Sep 07, 2015 03:58 am UTC| Commentary

In Mexico, a 0.26% m/m print is expected for August, which would imply a y/y inflation rate close to 2.6%, confirming inflation below the target and supporting the view that Banxico should not be in any rush to hike...

Russia's CBR to remain on hold

Sep 07, 2015 03:55 am UTC| Commentary Central Banks

In Russia, clearly, the CBR is facing a dilemma with growth remaining depressed, and the downtrend in inflation has recently stalled. Inflation has slightly increased in August to 15.8% y/y, driven by rising goods and...