Euro area rates: Weekly Review

Jul 23, 2015 23:49 pm UTC| Commentary

Barclays notes:Headline risks in Europe have decreased with Greece falling gradually off the radar for now. However, we believe the current macro and supply/demand outlook remains supportive of duration. Therefore, we...

US Rates: Weekly Review

Jul 23, 2015 23:40 pm UTC| Commentary

Barclays notes:We believe the Fed is unlikely to make material changes to the outlook and do not expect it to signal a September hike at the upcoming meeting. Against the backdrop of a strengthening USD and falling...

Greece and China leaving room for Fed hikes

Jul 23, 2015 23:14 pm UTC| Commentary

BofA Merrill Lynch notes:Investor attention is likely to focus squarely on the start of Fed hikes now Greece and China tail risks have been temporarily curtailed. Had both tail risk scenarios unfolded and increased market...

July US employment report: Another month of solid payroll gains

Jul 23, 2015 22:50 pm UTC| Commentary

Barclays notes:For the July employment report, which is scheduled for release on August 7, we expect nonfarm payrolls to rise by 250k, private payrolls to rise by 245k, and for government payrolls to rise by 5k. Factors...

Tight monetary policy and reform efforts contributed to China’s growth slowdown

Jul 23, 2015 22:30 pm UTC| Commentary

Chinese authorities are cognizant of the debt problem, and in response, monetary policy had been kept relatively tight. Although much of the world was easing policy, China kept interest rates unchanged until November 2014....

China’s debt overhang is weighing on its economy

Jul 23, 2015 22:17 pm UTC| Commentary

As swift as economic growth has been in China, credit growth over the last several years has been even more rapid. Following the financial crisis in 2008-09 and again as growth flagged in 2011 and 2012, China undertook...

The Chinese economy is slowing on a structural basis

Jul 23, 2015 22:09 pm UTC| Commentary

As an economy grows larger and wealthier, maintaining double-digit growth rates becomes increasingly difficult. This pattern of slowing growth is especially true of countries that were able to take advantage of...