China slowdown may have limited impact on U.K. economy
Aug 19, 2015 09:11 am UTC| Commentary
The slowdown in U.K employment growth will draw PMCs attention towards monetary conditions and external risks. Monetary conditions have substantially tightened over the past two years, driven by exchange rate appreciation...
CBT likely to keep monetary policy broadly neutral
Aug 19, 2015 09:04 am UTC| Commentary
Judging by the words of the CBT governor that the immediate effect on the monetary policy will be neutral ("as this is not an effort to loosen or tighten our policy stance"), if it chooses to do so, the CBT may increase...
Turkey changing its monetary policy instruments
Aug 19, 2015 09:02 am UTC| Commentary
In the July Turkish inflation report presentation, CBT Governor Erdem Basci mentioned for the first time that the bank is considering simplifying its monetary policy framework by moving to a single policy rate. He...
U.K employment continues to slowdown
Aug 19, 2015 08:59 am UTC| Commentary Economy
U.K. Labour market report for June showed wages somewhat on the soft side, as bonuses contracted 17%, pushing headline average weekly earnings (AWE) down below expectations. Excluding bonuses, AWE were just in line with...
Euro Zone current account surplus widens in June
Aug 19, 2015 08:56 am UTC| Commentary
The euro zone current account surplus increased considerably in the sixth month of the year when compared to the previous month on a seasonally adjusted basis, data from the European Central Bank (ECB) showed on...
Japanese Yen weakness may not prevent exports to fall
Aug 19, 2015 08:52 am UTC| Commentary
Japans headline trade deficit widened in July to JPY268bn. The detail continues to show very weak underlying export performance. The country posted 7.6% year on year growth in exports. In volume terms, exports were down...
ECB to revise macroeconomic outlook in September meeting
Aug 19, 2015 08:09 am UTC| Commentary Central Banks
The July ECB minutes revealed cautious optimism, highlighting the fragility of the economic recovery, the weak inflation outlook and the balance of risks still tilted to the downside (even if these risks have not worsened...
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