Fed Hike Aftermath Series

Fed's Beige Book upholds outlook for Dec rate hike, shows little change in underlying path of growth

Dec 01, 2016 14:41 pm UTC| Commentary Economy Central Banks

The U.S. Federal Reserve released its Beige Book on Wednesday which has little to suggest a significant change in the underlying path of growth in the economy. The Beige Book, a compilation of anecdotal evidence on...

Polish headline inflation likely to remain positive in early 2017 given USD/PLN stays at recent high

Dec 01, 2016 12:31 pm UTC| Commentary Economy

The annual headline inflation in Poland should move further into positive territory at the beginning of next year, especially if oil prices and USD/PLN pair stay at recent high levels. For December, the year-on-year...

Eurozone unemployment rate falls to record-low, beats market expectations

Dec 01, 2016 12:14 pm UTC| Commentary Economy

The rate of unemployment in the eurozone fell to a record low, beating market expectations, in a signal that the ailing economy is attempting to revive itself out of the poor state witnessed in the aftermath of the June 23...

Central Banking Series

Market pricing out further PBoC easing for now on overall improvement in China's growth profile

Dec 01, 2016 12:10 pm UTC| Economy Central Banks Commentary

Chinas manufacturing PMI spiked to 51.7 in November, up from 51.2 in the prior month and beating market expectations of 51.0. Chinas manufacturing was the highest since July 2014. Rising steel prices which pushed steel...

UK manufacturing PMI growth calms down in November, weak pound pressurizes

Dec 01, 2016 11:52 am UTC| Commentary Economy

Growth in U.K.s manufacturing PMI calmed down during the month of November as factories struggled with surging costs caused by weakness in the British pound after Britain voted to leave the European Union on June 23 this...

German manufacturing PMI falls slightly amid slower increases in output, new orders

Dec 01, 2016 10:18 am UTC| Commentary Economy

Manufacturing sector of Germany slightly deteriorated amid slower increases in the production output as well as new orders. The seasonally adjusted final Markit/BME Germany Manufacturing Purchasing Managers Index (PMI)...

Swiss retail turnover falls in October, better than market consensus

Dec 01, 2016 09:31 am UTC| Commentary Economy

Retail sales in Switzerland fell during the month of October, albeit remaining better than what markets had initially anticipated. Turnover in the retail sector fell by 0.9 percent in nominal terms in October 2016...