BoJ unlikely to significantly change its optimistic growth and inflation outlook

Jul 15, 2015 03:46 am UTC| Commentary

The BOJ will issue an interim assessment of its Outlook for Economic Activity and Prices at this meeting, and based on the last three months of data, it is unlikely to significantly change the optimistic economic and...

BoJ is likely to stay on hold

Jul 15, 2015 03:42 am UTC| Commentary

The BOJ will hold a Monetary Policy Board meeting on 14-15 July. It is expected to adhere to its current monetary policy framework, including the amounts and residual maturities of its bond purchases.A snapshot of the...

Fed, higher “dots" more likely?

Jul 15, 2015 03:34 am UTC| Commentary Central Banks

The hurdle for Fed moving NAIRU further down is quite high. Pushing it below 5% would require solid justification, based on more than guesswork about future shifts in the Beveridge curve. What if the unemployment rate...

US unemployment rate likely to undershoot the Fed’s forecast

Jul 15, 2015 03:27 am UTC| Commentary

The average pace of US unemployment rate declines has hovered near 0.8% per year, during the entire recovery period. Yet, the FOMC forecast assumes that the trajectory will flatten out dramatically over the coming...

South Korea resurgent hiring in manufacturing offsets MERS impact on services

Jul 15, 2015 02:25 am UTC| Commentary Economy

The seasonally adjusted unemployment rate remained unchanged at 3.9% in June (Barclays: 3.9%; consensus: 4.0%), after ticking lower in March and April from a February high (Apr and Mar: 3.7%; Feb: 3.9%; Jan: 3.4%). The...

Greece recent bail-out facing massive bombardment

Jul 15, 2015 01:51 am UTC| Commentary

Greecesrecent bail-out is already coming under massive bombardment. Its still not clear if PM Tsipras can get the deal through parliament over the heads of opposition from a large slice of his own party; a 24-hour general...

Iran to receive a fresh bail-out deal

Jul 15, 2015 01:43 am UTC| Commentary

After fevered all-night talks, sleep-deprived negotiators have proudly announced that Iran will be getting a fresh bail-out deal.President Obama has finally managed to achieve his Iran nuclear deal, which will now move to...