Russia's consumer price likely increased in July
Aug 04, 2015 07:15 am UTC| Commentary
The Russian statistics office will publish July consumer price data today. The inflation rate of the economy is expected to have risen yoy once again. In June it had already reached 15.3%, whereas the Russian central bank...
Aussie gains after retail sales
Aug 04, 2015 07:14 am UTC| Commentary
AUD/USD was trading near the session low around 0.7265.An upside surprise to the June retail sales print (0.7%) and an upward revision of Mays numbers (0.4%) saw the Aussie jump, although only around 25 pips initially, a...
RBA likely to remain cautious and hope for a weaker AUD
Aug 04, 2015 07:00 am UTC| Commentary
Australian interest rates did not fall. The Australian central bank (Reserve Bank of Australia, RBA) left its interest rates unchanged this morning and left room for a further decline in AUD-USD."Even a weaker AUD will not...
Brazil's industrial production likely to contract in Q2
Aug 04, 2015 06:56 am UTC| Commentary
Brazils industrial production data for June and Q2 is due today. The countrys industrial production (IP) is expected to have declined due to the fall in exports in June."In fact, the seasonally adjusted series is expected...
Aug 04, 2015 06:55 am UTC| Commentary
The German Dax was unimpressed by the turbulence.The Greek stock market is also falling.As expected considerable losses were recorded when trading opened yesterday for the first time after five weeks of closures. Once...
Oil price decline to weigh on NOK
Aug 04, 2015 06:52 am UTC| Commentary
The commodity price falls and with it NOK, despite the fact that the effects of the oil price on commodity currencies is by no means that straight forward.The currencies come under particular pressure if the development of...
China's activity growth likely to have improved in July
Aug 04, 2015 06:50 am UTC| Commentary
The sharp sell-off in Chinas domestic equity market in early June should have some negative impact on consumer confidence and durable goods consumption."Chinas activity growth is expected to improve again in July....
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