CBR likely to keep key rate unchanged in 11 September meeting

Sep 08, 2015 04:06 am UTC| Commentary Central Banks

Russias central bank (the CBR) will announce its monetary policy decision this week. The key rate is likely to remain unchanged at 11% p.a. in line with consensus, as RUB volatility has increased (although bearably) on...

Taiwan CBC likely to stay on hold in September

Sep 08, 2015 03:59 am UTC| Commentary Central Banks

Taiwan inflation is expected to recover gradually in H2, helped by a low base in Q4. Food prices are also likely to trend higher due to the typhoon season. Soft CPI should not be a concern to CBC, given it is mainly...

Taiwan 2015 inflation likely to be -0.1%

Sep 08, 2015 03:56 am UTC| Commentary

Taiwan August inflation came in at -0.45%, stronger than expected, as a powerful typhoon pushed up food prices. Food prices were up 3.1% y/y, led by soaring vegetable and fruit prices. The jump in food prices also offset...

Next year EU GDP growth likely to decelerate

Sep 08, 2015 03:42 am UTC| Commentary

Next year, the new 2014-2020 programming period for tapping EU funds will start. This usually leads national governments to make less of an effort to pump money. As a result, fixed investment is likely to decelerate next...

Asian markets losses continue as china sets sour tone

Sep 08, 2015 03:26 am UTC| Commentary

Asian markets traded broadly lower in morning action on Tuesday, with Chinese markets opening with further sharp losses ahead of August trade data. Japans benchmark Nikkei 225 index slipped 0.19% lower to 17,827.28...

Typhoon pushes Taiwan's food prices higher in August

Sep 08, 2015 02:31 am UTC| Commentary Economy

August inflation came in at -0.45%, stronger than expected (Barclays: -0.85%; consensus: -0.80%), as a powerful typhoon (Soudelor - on 7-8 August) pushed up food prices.Food prices were up 3.1% y/y (Jul: 1.8%; Jun: 1.9%),...

Chinese Yuan liquidity staying ample

Sep 08, 2015 02:00 am UTC| Commentary

Worries about the Chinese economy have intensified as high frequency data including PMIs disappointed in recent months. The CNY fixing devaluation in August did not help sentiment. Even as the Peoples Bank of China (PBoC)...