Norges Bank forecasts modest growth in Norway's private consumption in 2016
Sep 30, 2015 04:51 am UTC| Commentary
Norways retail sales fell in August. These figures are volatile, but looking at the trend over the summer the trend seems to be flattening. Retail sales came out at -0,4 % m/m in August after 0,6 % in July.The figure...
U.K. mortgage approvals on high while consumer credit eases
Sep 30, 2015 04:48 am UTC| Commentary
Mortgage approvals shot up to their highest level since January 2014 at 71.0k, following an upwardly revised print of 69.0k in July. Net lending secured on dwellings also picked up materially to 3.4bn (from an upwardly...
U.S. home prices decline further in July
Sep 30, 2015 04:32 am UTC| Commentary
U.S. SP/Case-Shiller 20-City Home Price Index fell for the third month running in July. The countrys home prices declined 0.2% m/m, below the consensus (+0.1%) expectations. The y/y rate of appreciation picked up slightly,...
Daily Economic Outlook: 9th September, 2015
Sep 30, 2015 04:16 am UTC| Commentary
Speeches from Fed Chair Yellen and St Louis Fed President Bullard, after the close of markets, will also be scrutinised for indications of timing of a rate rise, with the Chairs most recent comments still pointing to the...
Brazil economy cannot expect policy led support to grow
Sep 30, 2015 03:47 am UTC| Commentary Economy
Structural reform can help Brazil in the longer run, but the possibility of medium-term recovery depends on the potential improvement in the external demand scenario. Following recent inflation releases, 2015 inflation...
BCB likely to go for a 50bp rate cut in 2016
Sep 30, 2015 03:40 am UTC| Commentary Central Banks
There has been no substantial change in the macro economy since earlier this month. However, the sharp deterioration in financial conditions, amid mounting domestic political and legislative concerns and the poor...
US consumer confidence data supports positive outlook for consumption growth
Sep 30, 2015 03:29 am UTC| Commentary
The Conference Boards index of consumer confidence came in well above expectations in September, posting a modest advance on the month. The headline index rose to 103.0 in September, from a revised August reading of...
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