UK: Rate hikes are coming, but not likely till next year
Aug 03, 2015 22:20 pm UTC| Commentary
The UK rate hikes are coming, but not likely till next year, this is the bottom line expected from Super Thursday when the Bank of England (BoE) simultaneously publishes its interest-rate decision, the minutes of its...
UK: Rate hikes are coming, but not likely till next year
Aug 03, 2015 22:11 pm UTC| Commentary
That is the bottom line expected from Super Thursday when the Bank of England (BoE) simultaneously publishes its interest-rate decision, the minutes of its policy meeting, and the Quarterly Inflation Report forecasts...
July barclays global manufacturing confidence nearly flat on weak Chinese demand, while DM held up
Aug 03, 2015 21:43 pm UTC| Commentary
The final Barclays global manufacturing confidence index declined slightly in July, to -0.50 from -0.46, in line with the initial estimate for a decline, though less than expected as the disappointing demand growth in...
RBA monetary policy board meeting today
Aug 03, 2015 21:17 pm UTC| Commentary
The RBA meets (12:30HKT). The ensuing SOMP may also reveal a set of forecasts little changed from Mays offering, although this would mask some significant shifts in some key determinants of growth."We doubt the postmeeting...
US vehicle sales beat expectations at 17.5mn units in July
Aug 03, 2015 20:36 pm UTC| Commentary
US sales of light weight vehicles totaled 17.5mn units (seasonally adjusted annual rate) in July, according to manufacturers sales reported via WardsAuto and seasonal adjustment factors provided by the BEA. The July sales...
Aug 03, 2015 15:59 pm UTC| Commentary
In terms of scheduling, the Bank of England has changed tack. August 6will not just bring a MPC decision but also the minutes of the policy meeting in addition to the Quarterly Inflation Report. To allow time for the...
US Q2 GDP tracking 2.7% after June construction spending
Aug 03, 2015 15:27 pm UTC| Commentary
US construction spending rose a modest 0.1% m/m in June, well below (0.9%) and consensus (0.6%) expectations, as prior months data were revised significantly higher. April construction spending was revised up to 3.8% m/m...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
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Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects