Aug 02, 2015 21:35 pm UTC| Commentary
Swedish data last week were solid. Following a generally balanced ETS survey on Wednesday, which also portrayed a meaningful uptick in one-year inflation expectations, the Swedish economy grew by 1.0% q/q, leading to a...
RBA on hold but AUD still heading lower
Aug 02, 2015 21:27 pm UTC| Commentary Central Banks
RBA (Tuesday) is expected to keep the cash rates at a record low of 2%, as strong house prices remain a major obstacle to a further cut. Annualized growth in national house prices accelerated to around 15% over May and...
External factors likely driving USDCAD
Aug 02, 2015 21:13 pm UTC| Commentary
Canada most likely entered a technical recession after the poor print of Mays monthly GDP (-0.2% m/m), with the decline mainly due to contractions in manufacturing, mining, and oil. This week, data releases will provide a...
'Super Thursday' to drive the path of sterling in the week ahead
Aug 02, 2015 21:01 pm UTC| Commentary
In what many analysts have referred to as Super Thursday, the BoE will overhaul its communications and release simultaneously the MPC decision, the minutes of that same meeting, and its August Inflation Report. Markets...
EUR: Relatively light data calendar but overall still bearish on fundamentals
Aug 02, 2015 20:41 pm UTC| Commentary
After a few weeks of no market-moving headlines on Greece, media reports last week highlighted the IMFs unwillingness to support a new bailout program unless Greeces debt was deemed to be sustainable in the medium term...
US employment report the next key focus for the Fed and markets
Aug 02, 2015 20:28 pm UTC| Commentary
As the Fed continues in its data-dependent mode, next weeks employment report (Friday) should take central stage. As we head into autumn, the Fed and markets will have only two more job reports to assess the likelihood of...
RBI’s stance to turn more accommodative
Aug 02, 2015 07:47 am UTC| Commentary Central Banks
Reserve Bank of India (RBI) are expected to keep the key policy rates unchanged next week, according to economists at Barclays. However, the RBIs monetary policy stance will likely turn softer withthe risk of one more repo...
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