ECB gives Greece a little breathing room
Jul 17, 2015 05:28 am UTC| Commentary
Mr Draghi tried to convince his audience that the ECB was not responsible for the deterioration of the Greek banking sector and remained cautious about the bailout plan and possible QE.President Draghi announced the...
US housing starts to climb higher as supply chases demand
Jul 17, 2015 05:21 am UTC| Commentary
The US residential investment activity is on a solid upward trend, supported by recent increases in household formations and the related drop in the vacancy rate. Household formations are currently running near 1.5mln per...
Poland's industrial output growth to have accelerated
Jul 17, 2015 05:19 am UTC| Commentary
Polands industrial output and retail sales for June is expected to release today.Industrial output growth of the economy for June was mainly driven by growth in manufacturing (5.4% yoy) and mining (7.9% yoy). PMI increased...
US June CPI to post another out-sized yet more broadbased gain
Jul 17, 2015 05:11 am UTC| Commentary
US headline inflation has undoubtedly bottomed. After a 0.4% m/m increase reported for May, a similar gain is expected in June. This time, however, the gain is expected to be more broadbased and not just driven by energy....
Poland's retail sales growth likely to accelerate
Jul 17, 2015 05:10 am UTC| Commentary
Polands retail sales data for June is scheduled to release today. The economys retail sales were mainly driven by food, car sales and other sales in non-specialised stores. Based on the sales of these product, The retail...
Russia labour market remains in standby mode and wages continue to grow
Jul 17, 2015 05:05 am UTC| Commentary
The muted growth in Russia nominal wages remains the crucial challenge for the labour market, though some positive backward revisions in June have embellished the dramatic contraction of real income. It is hard to find any...
Russia consumption to have improved slightly in June
Jul 17, 2015 04:59 am UTC| Commentary
After the shock to real income in Q1 15, Russias internal consumption has been picking up, driven by slowly improving consumer sentiment and decelerating consumer price inflation. However,June saw a mixed environment for...
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