Greece recent bail-out facing massive bombardment
Jul 15, 2015 01:51 am UTC| Commentary
Greecesrecent bail-out is already coming under massive bombardment. Its still not clear if PM Tsipras can get the deal through parliament over the heads of opposition from a large slice of his own party; a 24-hour general...
Iran to receive a fresh bail-out deal
Jul 15, 2015 01:43 am UTC| Commentary
After fevered all-night talks, sleep-deprived negotiators have proudly announced that Iran will be getting a fresh bail-out deal.President Obama has finally managed to achieve his Iran nuclear deal, which will now move to...
Australia's Westpac–MI Consumer Sentiment Index falls further
Jul 15, 2015 01:01 am UTC| Commentary
Westpac Research notes:This is the lowest print of the Index since December last year. The Index is now firmly in the range where pessimists outnumber optimists. In fact the Index has printed below 100 in 15 of the last 17...
A Fed rate hike likely before year-end
Jul 15, 2015 00:50 am UTC| Commentary
If we do get to the point where the Greek crisis is behind us one way or another, the next likely major challenge for European equity markets will be Fed tightening. While that may drive the euro down, it is not something...
Economists forecast upbeat data for Japan, UK and US
Jul 15, 2015 00:17 am UTC| Commentary
The UK growth outlook has been more mixed than for the Eurozone, with the manufacturing PMI slowing sharply under the pressure of a higher pound, but other indicators, such as retail sales and the services PMI, remaining...
Euro area: Greece aside, it is still improving
Jul 14, 2015 23:56 pm UTC| Commentary
BofA Merrill Lynch notes:We have been tactically cautious but structurally bullish on European equity markets largely because a genuine recovery is emerging in the euro area economy. We do not believe the disruption from...
Jul 14, 2015 23:44 pm UTC| Commentary
BofA Merrill Lynch notes:Prepare for Fed rate hikes We still expect the first Fed rate hike to come in September, with a slight chance that it will be later.Despite our belief that short-term rates will soon rise, we do...
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