Jul 14, 2015 23:34 pm UTC| Commentary
The US economy got off to a very weak start in 2015, but economic data are improving recently. Our US Economics team forecasts GDP growth to accelerate to a 3.2% pace in the second half of the year. We see limited impact...
BoJ Monetary Policy's impact on yen rates
Jul 14, 2015 23:06 pm UTC| Commentary
The BoJ is expected to maintain the current QQE at its Monetary Policy Meeting on 14-15 July. The BoJ may also keep an eye on how the overseas environment, the Greek situation, Chinas unclear economic outlook, and the...
Jul 14, 2015 22:52 pm UTC| Commentary
The Greek crisis and the turmoil in Chinas stock markets could have a significant impact on Japans economic and inflation situation, depending on how things develop. However, there is a good chance that QE from the ECB...
UK CPI data were very close to expectations in June
Jul 14, 2015 22:24 pm UTC| Commentary
UK June CPI data were very close to expectations (0.0% y/y), but the more important UK inflation news this week is the forward-looking average earnings data out late this afternoon. In April data, strong wages pushed...
Bank of Canada to cut the overnight rate by 25bp
Jul 14, 2015 22:15 pm UTC| Commentary
Tonight we get the much anticipated BoC policy decision and MPR, where a 25bp cut to the overnight rate (to 0.50%) is expected. The disappointing Q2 data we have seen so far points to another quarter without any growth,...
Jul 14, 2015 21:48 pm UTC| Commentary
RBS notes:Two weeks ago we re-entered long EUR/AUD position from a reference level of 1.4440, as we were long in the previous publications and were waiting for the correction to be completed to add/re-enter. The 1st target...
Jul 14, 2015 21:42 pm UTC| Commentary
RBS notes:Last week we mentioned that the USD/JPY correction could end soon, which indeed was the case after the pair bounced from the bottom of the channel and pressured the top of the Ichimoku cloud after triggering a...
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