French July inflation to remain unchanged at 0.3% yoy
Aug 03, 2015 10:48 am UTC| Commentary
For the month of July, the weakness is expected in French energy component (due to a noticeable decline in gasoline prices alongside softer Brent prices) to exert downward pressure on the headline alongside softer food...
French July business sentiment to continue trend of improvement
Aug 03, 2015 10:43 am UTC| Commentary
The Bank of France Business Sentiment indicator for the manufacturing sector is likely to increase from 98 to 99 in July. This follows the improvement in the (INSEE) manufacturing confidence survey in the same period.The...
French industrial production to recover only slightly in June
Aug 03, 2015 10:39 am UTC| Commentary
French industrial activity is expected to have increased by 0.4% (+1.7% yoy) in June. Looking at the breakdown, the energy output is likely to have risen significantly by 2.4% mom, consistent with the improvement recorded...
USDCAD trading highest Since 2004 on Falling Oil Prices
Aug 03, 2015 10:09 am UTC| Commentary
The US dollar extended gains versus its Canadian counterpart, as the loonie was heavily offered on the back of falling oil prices.The US dollar reached higher highs this morning and traded at its highest since 2004 against...
EU Commission lowers forecast for the 2015/16 corn crop
Aug 03, 2015 09:39 am UTC| Commentary
The European Commission has further reduced its figure for the expected wheat crop, in its latest estimate of the EU grain balance in 2015/16. At just half a million tons, however, the reduction is almost...
Weak US labour market data lead to a short-term rise of the gold price
Aug 03, 2015 09:35 am UTC| Commentary
The gold price rise at the end of last week was due to the significant depreciation of the US dollar against the euro following the publication of labour market data in the US. The price rose temporarily above the $1,100...
RBI's repo rate likely to remain unchanged
Aug 03, 2015 09:29 am UTC| Commentary
The RBI is expected to remain on hold at its bimonthly monetary policy meeting on 4 August. Although production data continue to remain anaemic and growth concerns persist, we believe the RBI would still be more worried...
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