Final Spanish consumer prices to confirm flash reading
Aug 04, 2015 04:33 am UTC| Commentary
Flash Spanish HICP inflation fell to -0.1% yoy in July after showing signs of recovery in the last five months.As the INE doesnt give any details of the components with the flash release, the final release is awaited to...
Italian HICP to average at 0.4% in 2015
Aug 04, 2015 04:17 am UTC| Commentary
Flash Italian HICP inflation was recorded above consensus at 0.4% yoy in July from its June reading of 0.2% yoy. The national CPI also inched up to 0.2% yoy in July. On the component details, the energy component recovered...
AUDUSD trading flat around $0.7300, market awaits RBA’s interest rate decision
Aug 04, 2015 04:15 am UTC| Commentary
RBA is due to deliver its monthly cash rate decision, which is widely expected to see the bank remain on hold at a record-low 2%.Recent policy statements from the RBA suggest that the bank is waiting to see what impact...
Daily Economic Outlook: 4th August 2015
Aug 04, 2015 04:14 am UTC| Commentary
It is a relatively quiet day for data with the July construction PMI the only release of note in the UK. While this rose sharply in June, it is still below its level in Q1 and even further below the average for 2014. This...
Italy IP took a breather in June, still a remarkable improvement in Q2
Aug 04, 2015 04:11 am UTC| Commentary
Industrial production is one of the best metrics to track GDP growth. As such, the projection, which is marking a remarkable improvement during the second quarter, on average, would be consistent with GDP increasing by...
US core inflation shows stability
Aug 04, 2015 04:00 am UTC| Commentary
The PCE inflation report is suggesting the data have cleared another hurdle for a September rate hike. Committee members have stated over time that rising rates of core inflation are not a precondition to rate hikes. The...
Asian stocks mostly down, market eyes on India’s Interest rate decision
Aug 04, 2015 03:51 am UTC| Commentary
The Reserve Bank of India (RBI), the countrys central bank, is due to announce its third bi-monthly policy review on Tuesday. RBI Governor Raghuram Rajan will have to find a balanced approach in his steady fight against...
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