Feb 18, 2015 07:07 am UTC| Commentary
Quotes from Danske Bank: -In the UK the focus is on the ILO unemployment rate and the weekly earnings figures, which have been rising in recent months. In our view, future wage growth will be a key determinant of when the...
Daily outlook for GBP: Lloyds Bank
Feb 18, 2015 07:05 am UTC| Commentary
Quotes from Lloyds Bank: -Today focus will shift to the UK labour market data, with the minutes likely to be seen as obsolete following last weeks QIR. With the unemployment rate and the wage data expected to be unchanged...
Daily outlook for EUR/USD: Lloyds Bank
Feb 18, 2015 07:04 am UTC| Commentary
Quotes from Lloyds Bank: -EUR/USD recovered from the lows yesterday despite Greek headlines suggesting an agreement is some way off with both sides refusing to back down. The resilience of the EUR perhaps highlights that...
Outlook for EUR/CZK: Danske Bank
Feb 18, 2015 07:02 am UTC| Commentary
Quotes from Danske Bank: -The very low inflation in January and the disappointing Q4 GDP will put pressure on the Czech National Bank to consider lifting the floor. We do not expect the CNB to do that any time soon, but...
Czech GDP in 2015 likely to be supported by stronger external demand: Danske Bank
Feb 18, 2015 07:01 am UTC| Commentary
Quotes from Danske Bank: -Czech preliminary Q4 2014 GDP showed 1.3% y/y growth, which was much weaker than expected (consensus 1.9% y/y) and lower versus 2.4% y/y in Q3 14. We forecast GDP at 2.5 % y/y for 2015 and 3.1%...
Polish central bank still is likely to cut interest rates: Danske Bank
Feb 18, 2015 06:59 am UTC| Commentary
Quotes from Danske Bank: -The Polish central bank (NBP) continues to significantly undershoot its 2½% inflation target and we are likely to see continued deflation in the coming months. -So while we expect a pick-...
Polish GDP likely to grow by 2.9% in 2015: Danske Bank
Feb 18, 2015 06:56 am UTC| Commentary
Quotes from Danske Bank: -We are becoming slightly more optimistic on the outlook for the Polish economy- mostly on the back of an improved outlook for the euro zone. So while we expect lower GDP growth in 2015 than in...