ECB ready to respond to unwarranted tightening of monetary policy
Jul 16, 2015 22:39 pm UTC| Commentary Central Banks
Given the many questions about Greece, statements about monetary policy took a back seat. The ECB President confirmed the need to maintain a steady monetary policy course and ensure full implementation of all monetary...
Jul 16, 2015 22:22 pm UTC| Commentary
Yellens second day of testimony was largely a rehash of what she said yesterday, but the message that a rate hike this year makes sense kept USD as an outperformer overnight.Tonight we get June CPI where expectations are...
US housing and earnings releases next week
Jul 16, 2015 22:06 pm UTC| Commentary
Ahead of the following weeks FOMC meeting, next weeks markets will have relatively little to digest except for equities. The Fed slips into its black-out period on Tuesday and there are currently no scheduled speakers...
Greece Likely To Meet Its ECB Payment
Jul 16, 2015 21:52 pm UTC| Commentary
European markets face three principal risks over the coming week. One is whether Greece makes its 3.5 billion payment to the ECB on Monday. Two is further colour on the rate hike debate at the Bank of England when meeting...

Chinese Property Markets On The Upswing?
Jul 16, 2015 21:48 pm UTC| Commentary
Chinese property is generating a little more interest lately. After over a year of housing market weakness, a series of property market indicators have appeared to stabilize: floor space sold, total sales of buildings, and...

Tracking Canada's Q2 GDP Growth
Jul 16, 2015 21:37 pm UTC| Commentary
After all the excitement of the past week, Canadian market participants get a breather this coming week. Retail sales will be the lone macro release. Store closings have been temporarily fouling up the Canadian retail...

Jul 16, 2015 21:18 pm UTC| Commentary Central Banks
At todays press conference, there were many questions about Greece, but ECB President Draghi gave only provisional answers. The Council decided to raise the ELA ceiling, but only by 0.9bn over one week. The ECB has...