Flash October Spanish inflation set to print at -1.0% yoy

Oct 26, 2015 23:23 pm UTC| Commentary

Flash Spanish HICP inflation is expected to remain weak. However, it should marginally improve from -1.1% yoy in September to -1.0% yoy in October, driven by a slight recovery in energy prices (gasoline), which nonetheless...

UK mortgage approvals continuing to grow

Oct 26, 2015 23:18 pm UTC| Commentary

At last there seems to be a little more life in the UK mortgage data with steady increases over the last three months. The latest Credit Conditions Survey (CCS) reported lenders expecting to increase mortgage availability...

Banxico to remain on hold until Q1 16

Oct 26, 2015 22:32 pm UTC| Commentary Central Banks

The Bank of Mexico kept its policy rate unchanged at 3.0% at its September board meeting. Meanwhile, forward guidance on the conduct of its monetary policy was also kept unchanged while noticing no changes to the balance...

Australia's weaker housing investor credit demand largely offset by owner-occupiers

Oct 26, 2015 22:14 pm UTC| Commentary

Demand for finance from housing investors slowed abruptly in the middle of the year: in July and August the average monthly annualised growth rate dropped to 8.1% from 11% in the first half of the year. But demand from...

Australia's export price index to rise by 2.0% in Q3

Oct 26, 2015 21:52 pm UTC| Commentary

The slump in global commodity prices, which is denting export prices, continued in the September quarter. However, the Australian dollar fell at an even faster pace in the period, thereby cushioning commodity prices in AUD...

RBNZ to hold OCR at 2.75% in October OCR review

Oct 26, 2015 21:30 pm UTC| Commentary Central Banks

The OCR is expected to remain on hold at 2.75% in the October OCR review. The strong housing market and a less dire outlook for dairy prices favour a pause; however, the bounce in the NZ dollar will be a concern for the...

US merchandise trade gap expected to narrow sharply

Oct 26, 2015 21:16 pm UTC| Commentary

Opposing and favorable movements in goods exports and imports probably closed the merchandise trade deficit by $6.0 billion to $69.1 billion in September, reversing all but a fraction of the stunning widening posted in...