
India: Upside CPI surprise should not cause alarm
Jul 17, 2015 01:09 am UTC| Commentary
The uptick in retail inflation in June is unlikely to be a major concern for the RBI. Indias CPI inflation surprised to the upside at 5.4% y/y in June, up from 5.0% in May and reflecting an increase in the prices of...

China: Better June data; accommodative policy still warranted
Jul 17, 2015 00:57 am UTC| Commentary
Chinas June data came in better than expected, with Q2 GDP growing 7.0% y/y, pointing to more signs of stabilization. Fixed asset investment (FAI) growth held up at 11.4% y/y YTD, supported by infrastructure investment,...

Jul 17, 2015 00:42 am UTC| Commentary
The retreat in tail risk concerns over Greece and China prompted a selloff in JGB markets at the start of the week in reaction to the previous weeks flight to quality. Once the big events of the week (Chinese GDP release,...

Jul 17, 2015 00:33 am UTC| Commentary
Ahead of the August Inflation Report on 6 August, the debate on the timing of rate tightening has reignited the discussion over the timing of the first rate tightening move from the MPC. This has been underpinned by a pick...

Euro area rates: Weekly review
Jul 17, 2015 00:22 am UTC| Commentary
The past week has been eventful on both sides of the Atlantic. In Europe, Greece reached a deal with creditors for the start of negotiations for a third bailout package conditional on passing "prior actions" in the Greek...

Jul 17, 2015 00:06 am UTC| Commentary
Global bond yields have largely remained in a tight range over the past week as positive news regarding the progress in Greece has been offset by a further selloff in commodities and modestly weaker-than-expected data in...
Bank of England’s MPC minutes on Wednesday
Jul 16, 2015 23:25 pm UTC| Commentary
Minutes to the July 9th meeting of the Bank of Englands Monetary Policy Committee will arrive on Wednesday and will be useful to further showcase the range of views on timing rate hikes. Governor Carney recently noted that...