Japan will take some time reaching trade balance on a sustainable basis
Sep 16, 2015 05:28 am UTC| Commentary
Japans August exports are expected to have grown by 5.2% yoy (+7.6% yoy in July), while imports likely shrunk by 3.2% yoy during the same month (unchanged from July). As the US economic recovery remains modest and there is...
UK sales probably hurt by bad weather
Sep 16, 2015 05:24 am UTC| Commentary
The underlying trend of consumer demand is strong, supported by a high level of consumer confidence and rapid growth in real disposable income. However, retail sales are highly volatile on a month to month basis. In...
UK earnings growth rising, unemployment rate steady at 5.6%
Sep 16, 2015 05:21 am UTC| Commentary
UK labour market is at a crucial juncture. Earnings growth seems to be picking up, as one would expect as the output gap closes, but employment growth has started to falter. Rising earnings growth is seen as a lagged...
Final euro area HICP inflation to confirm flash at 0.2% yoy
Sep 16, 2015 05:18 am UTC| Commentary
While Euro Areas food and services recorded the highest annual rate, continued weakness in energy prices (especially in Brent, and more recently, in gasoline prices) kept the energy component weak at -7.1% yoy in August...
US residential construction activity likely to rise
Sep 16, 2015 05:14 am UTC| Commentary
Consistent with the snapback in US construction hours worked, the number of new housing units started probably climbed by 2.0% to a seasonally adjusted annual rate of 1.23 million in August, the strongest activity since...
US consumer prices likely stalled in August
Sep 16, 2015 05:13 am UTC| Commentary
Reflecting a projected 3.5% decline in US seasonally adjusted motor fuel costs, the CPI energy gauge likely fell by 1.6%, retracing a little over one quarter of the 6.2% hike posted over the May -July span. Echoing the...
Platinum and palladium do not profit from strong car registration figures in Europe
Sep 16, 2015 04:31 am UTC| Commentary
Gold is trading virtually unchanged at just short of $1,110 per troy ounce this morning. In euro terms gold costs 980 per troy ounce and as such likewise remains virtually unchanged as compared with yesterday. By...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects