Strong increase in US crude oil stocks, but sharp draw at Cushing
Sep 30, 2015 08:53 am UTC| Commentary
The aimless sideways trading on the oil market continues: prices climbed by just shy of 2% yesterday and are shedding some of these gains again today. Brent is trading at below $48 per barrel again, while WTI is priced at...
Euro area inflation to fall into negative territory in September
Sep 30, 2015 07:50 am UTC| Commentary
Preliminary consumer prices for Germany came in even weaker than expectation. The HICP inflation rate of German fell to -0.2% in September, from +0.1% previously, weaker than consensus (0.0%) projections."Euro area "flash"...
More QE from ECB could postpone Danish rate hike
Sep 30, 2015 07:39 am UTC| Commentary
Currently, a 10 bp increase in short-dated Danish money market rates is priced in within the next 2-3 months. Whether that is too aggressive to a large extent depends on the ECB and a possible enlargement of the ongoing QE...
Sep 30, 2015 07:35 am UTC| Commentary
Sweden krona is likely to remain crucial for the Swedish inflation outlook. Hence the Riksbank will continue to prevent any undue SEK strength. The SEK has at most been 3.5% stronger than the Riksbank has expected this...
Germany Finance ministry to allocate Fy-15 surplus to refugee crisis
Sep 30, 2015 07:25 am UTC| Commentary
Siemens announced an ambitious programme for integrating some of the refugees arriving in Germany. This includes expanding its internship programme, setting up special classes for giving career advice as well as asking for...
Financial shocks to UK could be triggered by climate change?
Sep 30, 2015 07:21 am UTC| Commentary
BoE Governor Carney has urged the UKs biggest insurance companies and investors to help counteract the financial shocks that could be triggered by climate change, saying "once climate change becomes a defining issue for...
Euro area inflation likely to fall into negative territory in September
Sep 30, 2015 07:12 am UTC| Commentary
Preliminary consumer prices for Germany came in even weaker than expected. The HICP inflation rate of German fell to -0.2% in September, from +0.1% previously, weaker than consensus (0.0%) projections."Euro area "flash"...
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