Central Bank of Turkey (CBT) to keep rates unchanged on Thursday
Jul 17, 2015 03:42 am UTC| Commentary
Although the TRY found some relief recently due to a pullback in oil and initial positivism around the Iranian deal, political uncertainty remains a key risk for the near-term currency outlook."Central Bank of Turkey (CBT)...
Hungary Central Bank (NBH) to make one more final 10bp cut next week
Jul 17, 2015 03:39 am UTC| Commentary
The main reason for Hungary Central Bank (NBH) to stop the rate cut cycle after one more cut is HUF depreciation that will likely feed through into higher prices. In addition, inflation climbed to 0.6% y/y in June and will...
Reserve Bank of Australia to erase the last of their easing bias?
Jul 17, 2015 03:30 am UTC| Commentary
Unlike most developed markets, Australian CPI is only released every quarter, making it a touch harder to have a sense of underlying price pressures but also rendering the release a much bigger policy focus that carries...
Chinese Property Markets On The Upswing?
Jul 17, 2015 03:24 am UTC| Commentary
Chinese property is generating a little more interest lately. After over a year of housing market weakness, a series of property market indicators have appeared to stabilize, floor space sold, total sales of buildings, and...
Greece likely to meet its ECB payment
Jul 17, 2015 03:20 am UTC| Commentary
ECB President Mario Draghi has noted that he expects Greece to make its payment on Monday following his move to raise the Emergency Lending Agreement (ELA) amount to Greeces central bank. Funds for making the ECB payment...
Chile: Lower commodities prices bring risks of negative Q2 GDP growth
Jul 17, 2015 02:16 am UTC| Commentary
Chiles economy is slowing. The industrial production index printed a sharp decline of 1.2% y/y, driven by negative growth in the manufacturing and mining sectors, while the index for utilities increased slightly....
Mexico: Hoping for the best, but preparing for the worst
Jul 17, 2015 01:59 am UTC| Commentary
In Mexico, Q2 economic reports will be key to confirming our annual forecasts and giving us a better idea of the state of the economy. So far, the latest industrial production report, for May, suggests some downside risks....
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects