US private hiring likely to accelerate further in summer
Aug 03, 2015 04:24 am UTC| Commentary
Notwithstanding its admittedly spotty track record in predicting the official government series, ADP Employer Services tally of private jobs created in July probably will receive considerable attention from market...
Pace of manufacturing activity in US likely quickened in July
Aug 03, 2015 04:17 am UTC| Commentary
US manufacturing expansion that began in January 2013 likely continued last month, with the pace of expansion accelerating from Junes reported clip."Available district Federal Reserve Bank and regional purchasing manager...
Daily Economic Outlook: 3rd August, 2015
Aug 03, 2015 04:14 am UTC| Commentary
This morning will see the release of July manufacturing PMI data across much of Europe. The flash reading for the euro area as a whole fell modestly from its June level, reflecting slippages in both France and Germany. The...
US motor vehicle purchases likely to rebound in July
Aug 03, 2015 04:12 am UTC| Commentary
Buoyed by tightening labor market conditions, motor vehicle purchases probably rebounded by 2.3% to a seasonally adjusted annual rate of 17.5 million in July, the strongest performance for that month since the...
US construction spending likely quickened in June
Aug 03, 2015 04:09 am UTC| Commentary
Powered by a sharp acceleration in home-building activity, the nominal value of new construction put-in-place probably jumped by 1.6% in June, double the percentage rise posted in the previous month."Private residential...
Euro area inflation outlook remains benign
Aug 03, 2015 04:00 am UTC| Commentary
The IMF is unwilling to support a new bailout program unless Greeces debt was deemed to be sustainable in the medium term and it had a fully financed budget for the next 12 months.Although near-term risks of an exit have...
US employment report to be next key focus
Aug 03, 2015 03:52 am UTC| Commentary
As the Fed continues in its data-dependent mode, the employment report is crucial. The Fed and markets will have only two more job reports to assess the likelihood of a September lift-off.The last ECI print confirmed that...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects