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...

Greece remains an issue

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....

CNB may keep bank rate unchanged

Aug 04, 2015 06:33 am UTC| Commentary

Czech National Bank to take decision on rate change on 6th August meeting. No change in monetary policy is expected in the meeting.Rates should stay at technical zero and the bank will maintain the FX floor at 27.00...

China's loan growth to remain strong in July

Aug 04, 2015 06:06 am UTC| Commentary

Chinas money and credit data are likely to have remained strong in July. M2 growth is forecast to moderate to 11.6% yoy from the surprisingly strong rate of 11.8% yoy in June, but that should have been a result of data...