EUR review

Apr 09, 2015 16:20 pm UTC| Commentary

Western Union:The euro fell to one-week lows below $1.08, a descent that was partially slowed by recovery-supportive data from Germany and word from Greece that it would make good on an obligation to repay the IMF around...

Rising inflation to strengthen argument for Norges Bank rate cut in June

Apr 09, 2015 16:13 pm UTC| Commentary

Norges Bank was very clear that rates were to be lowered once in Q2, but said it was as likely to happen in May as in June.The March inflation figure will be the last inflation figure before the May meeting and running...

China's money and credit growth to soften

Apr 09, 2015 06:10 am UTC| Commentary

It has been difficult to forecast Chinas money growth since September 2014 when the banking regulator announced it would impose punitive measures on large volatility in banks deposits. Chinese banks then started to behave...

China CPI to inch up but PPI to fall further

Apr 09, 2015 06:07 am UTC| Commentary

Chinas CPI to inch higher to 1.5% yoy in March from 1.4% yoy in February, says Societe Generale. This implies a normal seasonal pattern of a -0.4% mom rate. Specifically, food inflation likely reversed three-quarters of...

Mexico's inflation to stay near Banxico’s target in the near to medium term

Apr 09, 2015 06:04 am UTC| Commentary

Post the sharp decline in inflation in January due to the end of long-distance telephone charges and price falls in several services categories (although some of the decline can be attributed to the base effect), Mexicos...

UK Feb trade deficit to widen

Apr 09, 2015 06:01 am UTC| Commentary

The UK deficit on trade in goods and services unexpectedly shrank from 2142mn in December 14 to 606mn in January 2015.The main factor was a massive decline of 1994mn in core trade excluding oil and erratics (ships,...

Czech Inflation likely accelerated in March due to higher fuel prices

Apr 09, 2015 05:58 am UTC| Commentary

In the first two months of the year, Czech inflation stayed slightly above zero at 0.1% yoy.In March, it is expected to have accelerated slightly to 0.3%. On a month-on-month basis, consumer prices to have increased by...