Jul 16, 2015 09:52 am UTC| Commentary
Although the economy appears largely on track and in line with the ECBs forecasts, recent weeks have seen some risk factors develop further. While there is no evidence yet that the economy will get side-tracked by Greece...
Robust soybean processing in the US gives prices a boost
Jul 16, 2015 09:41 am UTC| Commentary
According to the National Oilseed Processors Association (NOPA), 142.47 million bushels of soybeans were processed in the US in June. This is the highest processing rate in any month of June since records began, and almost...
US crude oil production to decline further
Jul 16, 2015 09:38 am UTC| Commentary
A report published by the US Energy Information Administration (EIA) at the beginning of the week had already indicated a further reduction in US shale oil production. It is expected to fall in August by 91,000 barrels...
Euro falls to 6 week low, pressured by USD bulls
Jul 16, 2015 09:25 am UTC| Commentary
Price growth in the Euro zone weakened in June on a monthly basis, showing the region remains vulnerable to deflation pressures, the final CPI reading showed on Thursday. The CPI reading in the euro area came in at 0.2%...
Russian capital expenditure taking break
Jul 16, 2015 09:03 am UTC| Commentary
After the shock to real income in Q1 15, Russias internal consumption has been picking up, driven by slowly improving consumer sentiment and decelerating consumer price inflation.However, June saw a mixed environment for...
ECB adjusts its asset purchase program
Jul 16, 2015 08:01 am UTC| Commentary
In addition to the rate cut in the deposit and activating the OTM program, adjustment in the moralities of the existing asset purchase program by making full use of its built-in flexibility is another option for the ECB....
ECB to go for the activation the OMT?
Jul 16, 2015 07:58 am UTC| Commentary
The OMT could still prove to be a valuable tool in the ECBs kit. The Governing Council could also decide to dig up its OMT programme. This allows the ECB to buy unlimited quantities of government bonds of specific Member...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight