Return to fairly normal weather conditions could provide a modest lift to US job growth

Aug 07, 2015 04:52 am UTC| Commentary

US climatic conditions are expected to provide a modest lift to net hiring in the July report. At 342, population-weighted cooling degree days were 21 above normal during the reference period."However, more detailed data...

Most Asian shares slide with monetary policy in focus

Aug 07, 2015 04:43 am UTC| Commentary

Asian markets were trading broadly lower on Friday ahead of several key monetary policy releases, including the RBAs and the BOJs respective statements, while the upcoming US labour report could help investors decide when...

Further rate cuts likely in Central Europe

Aug 07, 2015 04:40 am UTC| Commentary

Inflation in Central Europe and Israel has risen off the lowest points, but remains well below targets. Given the recent declines in global commodity prices, the pattern in July is likely to be mixed and thus broadly...

US job creation probably reaccelerated in July

Aug 07, 2015 04:34 am UTC| Commentary

Several factors underpin for a pickup in US job growth. While both initial and continuing jobless claims were little changed between the two latest canvassing periods, improved hiring breadth and modestly better weather...

Daily Economic Outlook: 7th August, 2015

Aug 07, 2015 04:14 am UTC| Commentary

The US employment report is always seen as one of the key economic releases of the month. However, the FOMCs statement that it wants to see "some further improvement in the labor market" before raising interest rates means...

BOJ leaves policy unchanged despite Zero Inflation

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

The BOJ has kept policy settings unchanged since October when the central bank last expanded its Qualitative and Quantitative Easing (QQE) program, which currently has the monetary base expanding at a rate of around 80...

Riksbank prepares for further action

Aug 07, 2015 03:51 am UTC| Commentary

A possible rate hike by the US Federal Reserve would be a welcome helping hand for the Riksbank as it would alleviate appreciation pressures on the SEK. Still, inflation will be a hard nut to crack for the bank. If the...