Swiss price data, decline stopped?

Jul 14, 2015 06:57 am UTC| Commentary

Without at least a small glimmer of hope of a rise in Swiss producer and import prices things are not looking good for the SNBs target the development of consumer prices.Even if the market and the SNB seem to be...

Chinese Q2 GDP growth to fall to 6.8% yoy

Jul 14, 2015 06:41 am UTC| Commentary

Chinas real GDP posted 7% year on year growth in Q1. Societe Generale expects the growth rate to slowdown to 6.8% in Q2, but qoq growth likely rebounded from 1.3% to 1.4%. Furthermore, June activity data should show...

No more room for BCCh for further monetary stimulus

Jul 14, 2015 06:27 am UTC| Commentary

Last month, President of Central Bank of Chile, Rodrigo Vergara said that the bank sees further easing as futile, given the view that a substantial part of the growth deterioration is probably structural (vs cyclical)....

A sense of urgency from the China central bank

Jul 14, 2015 06:22 am UTC| Commentary

In the very short term, the Chinese authorities are likely to increase the number of measures taken to support the stock market. They responded quickly to the market collapse. At June ending, the central bank acted...

Chile's growth recovery nearly halts in Q2

Jul 14, 2015 06:21 am UTC| Commentary

Trade and monthly growth numbers indicates that the Chiles economy has deteriorated again after a modest uptick in Q4 14-Q1 15.The modest economic recovery was entirely due to the significant fiscal expansion, which has...

Risk of early elections in Greece, high cost to euro area

Jul 14, 2015 06:15 am UTC| Commentary

For Greece, the choice is a tough one and new elections remain a near-term risk either called by Prime Minister Tsipras or triggered by the potential resignation of the pro-European President. The developments over the...

Upside risks to Chile's inflation increased as peso depreciates

Jul 14, 2015 06:06 am UTC| Commentary

Chiles consumer price inflation increased sharply to 4.4% in June from 4.0% in May, after falling for seven consecutive months, as core inflation rose to 5.4% in June from 5.0%. Inflation acceleration was not broad-based...