Weak inflation environment in euro area

Sep 07, 2015 11:59 am UTC| Commentary

Preliminary euro area headline and core inflation came in slightly stronger than expected in August (+0.2% and +1.0%, respectively). However, it is still consistent with the recently downwardly revised euro area inflation...

ECB leaves door wide open for more QE

Sep 07, 2015 10:18 am UTC| Commentary Central Banks

Higher potential growth unleashed by structural reforms would enable the ECB to be accommodative for longer to avoid increased labour market slack exerting unwelcome short-term disinflationary pressures. At its regular...

Euro area low inflation recovery on track

Sep 07, 2015 09:23 am UTC| Commentary

The euro area recovery continues, but headline inflation remains close to zero. Alongside weak foreign prices pressures, a protracted large output gap continues to weigh on wages and ultimately underlying inflation. A...

Bank of England governor highlights relevance of domestic inflation drivers

Sep 07, 2015 09:17 am UTC| Commentary

Bank of England governor Mark Carney used his speech at Jackson Hole to dissert on global and domestic inflation drivers and the policy implications. He presented evidence showing that, notwithstanding the obvious...

Soybean price nearing its 6-year low again

Sep 07, 2015 09:10 am UTC| Commentary

The soybean price shed more of the gains it had accumulated in the last few days of August again on Friday, and is now only marginally above the six-year low it had previously reached. The long weekend in the US is likely...

Abundant supply weighs on US wheat price

Sep 07, 2015 09:07 am UTC| Commentary

Friday, wheat prices recovered only slightly from their losses on Thursday, when they closed at their lowest levels in five years. The strong US dollar is putting the brakes on US wheat prices, and in conjunction with...

Gold hardly reacts to US labour market data

Sep 07, 2015 09:01 am UTC| Commentary

The gold price only fluctuated briefly in any significant way in response to the publication of the US labour market data on Friday and is trading back at around $1,120 per troy ounce as the new week of trading gets...