Fed Liftoff Series

FED liftoff series – story of three Dollars

Dec 16, 2015 09:49 am UTC| Commentary

D-day is finally here, last FOMC meeting of the year, decision today, in which FED is widely expected to increase rates from zero bound by a hike of 25 basis points, almost a decade after last one. The decision would be...

US industrial production likely contracted in November

Dec 16, 2015 09:35 am UTC| Commentary

US industrial production is expected to be steady by market consensus at the rate of -0.2% month on month basis in November, while the manufacturing output is likely to be declining to 0.0% and capacity utilization rate is...

US new residential building activity likely to rebound in November

Dec 16, 2015 09:28 am UTC| Commentary

US new housing starts are expected to be 11,30,000 in November as per the consensus expectations, housing starts change is expected to be 6.6% month on month basis, rising from that of its previous value.Building permits...

U.S. core CPI inflation to reach above 2% in 2016

Dec 16, 2015 09:23 am UTC| Commentary

U.S. CPI data indicates the inflationary pressure in the economy has increased. Core inflation was increased by 0.2% month on month and 2.0% year on year in November.Core good inflation dropped by 0.2% m/m and 0.6% y/y was...

Poland's employment likely to rise in November

Dec 16, 2015 09:09 am UTC| Commentary

Employment in Poland is expected to modestly drop to 0.1% month on month by the market consensus in the month of November, while the employment is expected to be steady on yoy basis. Some market participants expect the...

Poland's average gross wages likely to rise in November

Dec 16, 2015 09:05 am UTC| Commentary

Polands average gross wages are expected to modestly drop by the market consensus to 1.2 from its previous recording of 1.3% mom, while the average gross wages are likely to rise to 3.9% on yoy basis.Deflation still...

Hungary's MNB cuts inflation expectations and targets long-term yields

Dec 16, 2015 08:50 am UTC| Commentary

Hungarys central bank MNB kept its rates unchanged at 1.35% in its December MPC meeting, indicating that the rates will be on hold for an extended period, the MPC gave guidance to focus on more unorthodox monetary policies...