
Higher inflation and better growth prospects in Norway imply less need for additional rate cuts
Sep 23, 2016 12:17 pm UTC| Insights & Views Economy Central Banks
Norges Bank earlier this week left the key policy rate unchanged and revised higher the interest rate path in line with market expectations. Rate path was raised by 24bps in Q4 2016 and 12-19 bps in 2017-19. The rate path...

Forint hits 16-month high on improved Hungary's S&P rating, stable U.S. rates
Sep 23, 2016 11:38 am UTC| Commentary Economy
The Hungarian forint hit a fresh 16-month high on Friday, against the euro, following improved economic outlook rating by the Standard Poor amid further support from the Federal Reserves decision to keep the key interest...
Lending in Germany stabilizes at low level
Sep 23, 2016 10:36 am UTC| Commentary Economy
New lending from banks to businesses and self-employed persons, excluding residential construction and finance institutions, in Germany is expected to have dropped just a bit in the second quarter of 2016, according to KfW...

Eurozone’s composite PMI falls to 20-month low in September
Sep 23, 2016 10:11 am UTC| Commentary Economy
Eurozones services, manufacturing and businesses remained muted during the month of September, as is reflected by the composite measure of the Purchasing Managers Index (PMI) that declined to its lowest level in almost 20...
French composite PMI surges to 15-month high in September, well above expectations
Sep 23, 2016 09:12 am UTC| Commentary Economy
Business activities in France surged to a 15-month high during September, remaining well above what markets had earlier anticipated, after having stagnated during the second quarter. Further, a strong services sector...

China's government policies continue to worsen import demand for base metals
Sep 23, 2016 08:42 am UTC| Economy Commentary
Economics and government policies continue to have a big impact on demand in various commodity markets across China. Chinas recent release of production data showed that output of steel, copper, and aluminium rose strongly...
Several regions of New Zealand see sharp rebound in economic sentiment on improved dairy outlook
Sep 23, 2016 07:04 am UTC| Commentary Economy
Regional economic sentiment rebounded sharply in several regions of New Zealand, owing to an improved dairy outlook, a prospect that has been raised since revision the 2016/2017 dairy payout forecasts to NZD 5 from NZD...