Switzerland SVME - Purchasing Managers' Index above expectations (49.7) in August: Actual (52.2)

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Sep 1, 2015

ECB and Polish MPC – Less Action Expected - Bank Zachodni WBK S.A.

FXStreet (Delhi) – Analysts at Bank Zachodni WBK S.A. note that ECB and Polish MPC meet in September is expected to yield very less action and may even turn out to be a non-event. ECB is likely to comment on the issue of the recent turmoil in China and drop in commodity prices. As regards with the Polish MPC, rates in Poland are very likely to be left unchanged this week and are not expected to have a big impact on the zloty or bonds.

ECB Interest Rate Decision Expectations – Danske Bank

FXStreet (Delhi) – Pernille Bomholdt Henneberg, Senior Analyst at Danske Bank, expects a dovish tone from Draghi on Thursday as there is increasing pressure on ECB chief with inflation expectations de-anchoring. This follows the risk to ECB’s outlook for higher inflation which is being threatened by the lower oil price and stronger EUR. In addition, there is likelihood of more emphasis on the downside risk to the growth outlook due to the weakness in China, the Analyst adds.