China official manufacturing PMI to show signs of stabilisation
Jun 25, 2015 20:41 pm UTC| Commentary
Over the coming weeks we should get more tangible signs of a global growth pick-up as China begins to show signs of stabilisation and the US economy accelerates.Recent measures by Chinas authorities, such as scrapping the...
BoC likely reluctant to cut further
Jun 25, 2015 18:46 pm UTC| Commentary
The recent recovery in oil prices, Januarys rate cut and a weaker exchange rate have given the BoC some breathing room to evaluate the longer-term effects of the 2014 oil price decline."We think the BoC will remain on the...
U.S. GDP growth likely to accelerate in H2
Jun 25, 2015 18:43 pm UTC| Commentary
Underlying momentum in U.S. economy stronger than GDP growth suggests and Standard Chartered expects a solid H2-15. After a dismal start to the year, Standard Chartered forecasts GDP growth will accelerate to 3.0% on...
Jun 25, 2015 17:57 pm UTC| Commentary
Standard Chartered notes:Market still has to adjust to the coming H2-2015 tightening cycle: 2Y-5Y sector to be most sensitive.10Y UST rate likely to be range-bound in coming months; our year-end 2015 forecast is...
Jun 25, 2015 17:37 pm UTC| Commentary
Whether liftoff is in September or December, the onset of the Feds hiking cycle is approaching. This has brought EM vulnerabilities into sharper focus.Countries resilience to external risks has changed since the 2013 taper...
Canadian export sector to meaningfully contribute to economic momentum in the months ahead
Jun 25, 2015 16:57 pm UTC| Commentary
The sharp decline in oil prices over the past year has led to a pull back in profits and investment in the energy sector, and called into question the future drivers of Canadian economic growth."We believe exports will...
Canada small business confidence slips in June
Jun 25, 2015 16:40 pm UTC| Commentary
The CFIB business barometer fell to 59.4 in June, from 60.6 in May. This marks the second biggest drop since the beginning of the year. With todays reading, national business confidence is down 4 points compared to the...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects