Central Banking Series

Brazilian central bank likely to slash rates in November, following gradual decline in inflation

Nov 23, 2016 10:54 am UTC| Economy Central Banks

The Brazilian central bank (BCB) is expected to slash its benchmark Selic rate at the monetary policy meeting scheduled to be held on November 29-30, following agradual easing of inflationary pressures in the recent...

Eurozone composite PMI jumps to highest this year owing to upbeat manufacturing activity

Nov 23, 2016 10:25 am UTC| Commentary Economy

Eurozone composite PMI jumped to its highest level this year, owing to upbeat performance in the manufacturing sector, coupled with therise in output as well as new orders. Eurozones flash composite Purchasing Managers...

French services PMI further strengthens in November, manufacturing remains a drag

Nov 23, 2016 09:43 am UTC| Commentary Economy

Services sector of the French economy remained relatively upbeat during the month of November, maintaining the 50-point threshold mark that separates expansion from contraction. However, manufacturing remained a drag on...

Norway’s oil investment to drop considerably in 2017- Survey

Nov 23, 2016 09:26 am UTC| Commentary Economy

The SSBs Norway oil investment survey for the fourth quarter, which was released today, showed a decline in oil investments in 2017. The survey was downwardly revised from the third quarters survey and is on the weak side...

Briferendum Aftermath Series

Briferendum Aftermath Series: Watch out for autumn budget statement from Phillip Hammond

Nov 23, 2016 07:47 am UTC| Commentary Economy

Anyone interested in UK assets or pound based pairs need to keep a close watch on the budget statement that will be read today before the House of Commons by the new chancellor of exchequer Phillip Hammond. When will...

U.S. manufacturing PMI likely to remain unchanged in November

Nov 23, 2016 07:35 am UTC| Commentary Economy

Activity in the manufacturing sector of the United States is expected to have remained unchanged during the month of November, with political upturns witnessed with the victory of President-elect Donald Trump during the...

Eurozone services PMI likely to increase in November on upbeat business outlook

Nov 23, 2016 07:13 am UTC| Commentary Economy

Services sector in the eurozone is expected to have risen during the month of November, following upbeat business outlook in the common currency zone. The euro areas services PMI for Germany and France is scheduled to be...