Rebound in German trade data expected in September
Nov 08, 2015 23:50 pm UTC| Commentary
For the September trade data, rebound expected in both exports and imports following the larger than expected declines in August, which were partly affected by holiday effects. The weak dynamics of factory orders and...
Eurogroup to agree to move on to next steps on Greece
Nov 08, 2015 23:43 pm UTC| Commentary
As has been the case since the beginning of the year, the Eurogroup meeting will be almost entirely dedicated to Greece. Indeed, the Greek government is expected to have adopted all the remaining measures needed to get...
Norway CPI and the Norges Financial Stability Report
Nov 08, 2015 23:13 pm UTC| Commentary
In Norway, the Norges Bank kept policy unchanged last week, in line with the market expectations. Governor Olsen noted that the Norges would be re-assessing its forecasts at the December policy meeting after observing...
Sweden inflation data and Riksbank minutes released
Nov 08, 2015 22:59 pm UTC| Commentary Central Banks
The Riksbanks negative rate policy is proving effective in stabilizing medium-term inflation expectations and has recently fuelled an uptick in inflation. CPIF seen averaging around 1.65% y/y in H1 2016, slightly below the...
Positive employment data to support AUD outperformance vs. EUR amid broad USD strength
Nov 08, 2015 22:32 pm UTC| Commentary
The only notable domestic data release is the employment report on Thursday. A rebound is expected in October employment of 20K given forward indicators of hiring remains positive. The unemployment rate is expected to tick...
USDJPY driven by external factors, but also eye on wage data
Nov 08, 2015 22:20 pm UTC| Commentary
Rising Fed hike expectations and a continued improvement in global risk assets are supporting USDJPY as it recovered the highest level since late August. The main drivers of USDJPY will likely remain the external factors,...
Dovish BoE and soft employment report keeping GBP under pressure
Nov 08, 2015 21:58 pm UTC| Commentary Central Banks
Last weeks BoE communication was dovish, highlighting the MPCs anxiety about the external environment, particularly in EM economies and the downside risks it poses to the UKs domestic outlook. The Bank revised its growth...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight