Fed hoping for benign circumstances
Sep 15, 2015 07:02 am UTC| Commentary
The Fed wants to hike rates. Not on Thursday as that would catch the market on the back foot. But principally it increasingly wants to convince the market that higher rates are appropriate. There is no other explanation...
UK earnings growth rising, unemployment rate steady at 5.6%
Sep 15, 2015 06:48 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...
SNB to be on hold as conditions have started to ease mildly
Sep 15, 2015 06:45 am UTC| Commentary
Modest CHF depreciation in the past few weeks, in addition to better-than-expected Q2 growth, has eased conditions somewhat and relieved some pressure from the SNB. Nonetheless, recent financial volatility and China growth...
Final euro area HICP inflation to confirm flash at 0.2% yoy
Sep 15, 2015 06:44 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...
Indonesia import surge heralds return of public spending
Sep 15, 2015 06:42 am UTC| Commentary
Indonesias trade surplus narrowed sharply in August, falling to USD434mn, much smaller than expected and driven by a 21.7% m/m surge in imports. While partly seasonal, the strong post-Ramadan recovery in imports also...
Greece toward a pro-programme coalition?
Sep 15, 2015 06:27 am UTC| Commentary
The snap general elections will be the third national ballot in 2015 in Greece, after the referendum and the general elections in January. The outcome appears as uncertain as ever. The latest polls show that Syrizas...
US residential construction activity likely to rise
Sep 15, 2015 06:23 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...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects