A lower inflation trajectory for India in 2015

Mar 13, 2015 09:44 am UTC| Commentary

India has experienced considerable disinflation in the past six months. A combination of better controls over food prices, lower commodity prices (including oil prices), persistent idle industrial capacity, and a stable...

U.S. natural gas prices see limited upside potential

Mar 13, 2015 09:38 am UTC| Commentary

Oil prices have meanwhile shed their mid-week gains again. Brent is trading at $57 per barrel and WTI at $47 per barrel. The still high oversupply, the record-high US stocks, the ongoing overhang of speculative long...

Can EUR rally on economic data alone?

Mar 13, 2015 07:10 am UTC| Commentary

Even though positive economic data are necessary for a sustainable EUR recovery, but they are not likely sufficient.The ECB has committed itself to 19 months of asset purchases and will keep going "until we see a sustained...

U.S. producer price probably rebounded in February

Mar 13, 2015 07:00 am UTC| Commentary

Powered by an energy-led rebound in goods costs, the Producer Price Index for final demand (PPI-fd) likely jumped by 0.7% in February, reversing all but a fraction of the larger-thanconsensus 0.8% decline recorded in the...

Brazil retail sales likely fell on an annual and monthly basis in January

Mar 13, 2015 06:55 am UTC| Commentary

January is usually a strong sales month for Brazil on a seasonal basis. However, the sharp rise in inflation in January along with the recent moderation in wages and the slight uptick in the unemployment rate are estimated...

UK Construction bounce to continue

Mar 13, 2015 06:50 am UTC| Commentary

The British construction activity appeared to top out in September of last year before stabilizing in December.The construction PMI has bounced strongly since then and so theofficial series is expected to follow...

Flash February Italian HICP inflation to confirm flash estimates at 0.1% yoy

Mar 13, 2015 06:45 am UTC| Commentary

Italian Flash February HICP came in at 0.1% yoy after its reading of -0.5% yoy in January.Looking at the components: food quickened from 0.0% yoy to 1.2% (+25bp to the headline figure), while energy rebounded from -9.1% to...