BI likely to announce rate decision today
May 19, 2015 05:56 am UTC| Commentary
Bank Indonesias rate decision will be announced this morning. No change is expected to the reference rate of 7.5%. Going forward, there is no scope for significant BI easing (consensus: 40bps by mid-2016).BI remains...
May 19, 2015 05:52 am UTC| Commentary
A significant rebound in US housing starts is expected at 1055K (+13.9% m/m) in April after subdued sales in February and March (which analysts believe were partly caused by unfavourable weather). US building permits...
Daily Economic Outlook: May 19th 2015
May 19, 2015 05:34 am UTC| Commentary
Updated projections in the Bank of Englands Inflation Report last week were on balance little changed from February, maintaining the expectation that UK inflation will hold around zero over the course of Q2 with a downside...
Important week ahead for UK data
May 18, 2015 22:35 pm UTC| Commentary
This is an important week for UK data and with the forward curve priced for close to zero risk of a rate hikebefore year-end, upside surprises would solicit a bigger market reaction than downside surprises.April CPI is out...
Important week ahead for UK data
May 18, 2015 22:34 pm UTC| Commentary
This is an important week for UK data and with the forward curve priced for close to zero risk of a rate hikebefore year-end, upside surprises would solicit a bigger market reaction than downside surprises.April CPI is out...
Turkey’s central bank (CBRT) will most likely keep rates unchanged
May 18, 2015 22:24 pm UTC| Commentary
Turkeys central bank (CBRT) holds its next Monetary Policy Committee (MPC) meeting on 20 May. It is likely to keep all rates unchanged, with the policy rate (one-week repo rate) at 7.50% and the interest-rate corridor...
BoE decision likely to remain unanimous
May 18, 2015 22:16 pm UTC| Commentary
The members of the Bank of England (BoE) Monetary Policy Committee (MPC) is expected to have voted unanimously to keep the bank rate unchanged at their May meeting.The minutes of the meeting, due on 20 May, will likely...