Deal between Greece and ECB likely in euro group meeting
Jun 18, 2015 08:02 am UTC| Commentary
The Eurogroup meeting was supposed to focus on the European Semester and the postprogramme surveillance of Spain, Portugal and Ireland. However as important as these issues are, they will remain on the sidelines, since...
100,000 subsidized jobs and Macron law to reduce France's unemployment rate
Jun 18, 2015 07:37 am UTC| Commentary
Since last autumn and the discussion with the EC to postpone the 3.0% public deficit target, the French government had committed to undertake some reforms in the labour market. The stakes are high because France is one of...
Indonesia's external sector concerns to weigh on the decision
Jun 18, 2015 07:23 am UTC| Commentary
Domestic demand in Indonesia seems to be weaken, in that context, BI would have little monetary policy space to cut rates in order to prop up the weak demand.Societe Generale forecasts, 2015 GDP would grow at a rate of...
BI likely keep BI rate unchanged
Jun 18, 2015 07:20 am UTC| Commentary
Bank Indonesia (BI) is expected to continue to keep its rate on hold in June, despite clear signs of economic weakness emerging. With inflation hardening and the IDR remaining much weaker than official expectations, a rate...
Banxico minutes could provide further insight into balance of risks
Jun 18, 2015 07:16 am UTC| Commentary
As expected, the Bank of Mexico kept its policy rate unchanged at 3.0% at its June board meeting. The statement was relatively upbeat on growth and the labour market compared with the banks recent statements and...
Surge in gasoline price likely to lift US CPI
Jun 18, 2015 07:10 am UTC| Commentary
US gasoline prices reversed sharply in May, having risen by a little more than 10% mom. Given a very small seasonal adjustment in May, the SA index is expected to show a 9.8% increase, states Societe Generale. Food prices...
Russia's labour participation rate likely remain above 69%
Jun 18, 2015 07:01 am UTC| Commentary
The general dichotomy between real wages and the unemployment rate is likely to persist in Russia.The real wages should continue to react in a proactive manner, while unemployment should remain virtually unchanged. Nominal...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects