US Q3 GDP tracking unchanged at 2.4% after July business inventories
Sep 15, 2015 15:24 pm UTC| Commentary
Total business inventories rose 0.1% m/m in July, in line with consensus expectations (0.1%) and a touch below our forecast (0.2%). Retail inventories, the data first released with the business inventories report, expanded...
UK Inflation sometimes is just no news
Sep 15, 2015 15:15 pm UTC| Commentary
Given the August consumer and producer price data came in largely in line with forecast and consistent with the view that underlying inflation pressures remain fairly muted across the price chain, we have only fine-tuned...
US empire state manufacturing index remains weak in September
Sep 15, 2015 14:56 pm UTC| Commentary
The Empire State manufacturing index was nearly unchanged at -14.7 in September, as the indicator of New York state manufacturing sentiment failed to bounce back from the sharply negative August reading (-14.9). New orders...
August retail sales show buoyant US consumer
Sep 15, 2015 14:53 pm UTC| Commentary
Retail sales grew 0.2% m/m in August, in line with forecast (0.2%) and a touch below consensus expectations (0.3%), as broad-based strength in core sales was buffeted by declines in gasoline stations, building materials,...
Eurozone trade surplus and healthy employment prop up EUR/GBP, dollar holds firm
Sep 15, 2015 11:33 am UTC| Commentary
Euro zone trade surplus has been at record high but does not seem to last in future, the euro-zones goods trade surplus rose to a record high in July, adding to the evidence that the economy got off to a good start in Q3....
BoJ keeps monetary policy stance unchanged
Sep 15, 2015 07:06 am UTC| Commentary
Yen reacted with strength to the Bank of Japans (BoJ) decision this morning to leave its monetary policy unchanged. Clearly some investors had expected more expansionary monetary policy or predicted a notably more...
GBP investors too likely to focus on Fed
Sep 15, 2015 07:03 am UTC| Commentary
UK inflation data for August is also likely to be moderate today. The rate of inflation remains near zero.And until inflation rises it is premature to speculate about Bank of England (BoE) rate hikes. However, for the time...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects