France's Q3 GDP to show consumption driven recovery
Nov 11, 2015 23:21 pm UTC| Commentary Economy
Q3 qoq GDP growth of 0.4% is expected in France (up from 0.0% in the previous quarter). A batch of hard data even suggests that risks are tilted to the upside. Goods consumption (that represents 50% of total consumption)...
Final Spanish inflation to confirm flash estimate at -1.2% yoy
Nov 11, 2015 23:02 pm UTC| Commentary
Although Spanish HICP inflation remains significantly negative, it showed some recovery from -1.2% yoy to -0.9% yoy in October. We do not expect any change in final Spanish HICP inflation from its flash estimate of...
BoK to maintain neutral stance amid mixed signals, both domestic and abroad
Nov 11, 2015 22:22 pm UTC| Commentary Central Banks
The Bank of Korea (BoK) is expected to hold its policy rate at 1.50% at its November meeting. The BoK will maintain its neutral stance amid mixed signals from both the domestic and global economies. Sustained evidence of a...
Australia's employment growth heading for another 4½-year record
Nov 11, 2015 22:09 pm UTC| Commentary
Employment growth in Australia measured by the year-on-year rate has been on a rising trend since January 2014, and this trend is expected to have extended to October and a rate of 2.2%. At this level, employment growth is...
Final Italian HICP consumer prices to print at 0.3% yoy
Nov 11, 2015 21:53 pm UTC| Commentary
Final Italian HICP inflation is expected to confirm the flash estimate of 0.3% yoy in October. Although the energy component fell further from -7.6% in September to -7.7% in October in yoy terms (cutting 1bp from the...
US job openings probably contracted temporarily in September
Nov 11, 2015 21:29 pm UTC| Commentary
Echoing a decline in the Conference Boards online help-wanted advertising series, the Bureau of Labor Statistics tally of available positions likely fell by 85K to 5.29 million in September, 380K off the record-high 5.67...
Is FX intervention next for Riksbank?
Nov 11, 2015 16:21 pm UTC| Commentary Central Banks
In the time since the Riksbank delivered a significant expansion of QE at their October meeting, SEK is effectively unchanged on a trade weighted basis and EUR/SEK is in fact lower. This has taken place despite a...