Jun 19, 2015 00:21 am UTC| Commentary
Barclays notes:The MPC is caught between weak inflation and strengthening wage growth. With some evidence of accelerating wages and confidence in the transitory nature of weak inflation, GBP1y/1y1yf should slowly begin to...
United States rates weekly review
Jun 19, 2015 00:18 am UTC| Commentary
Barclays notes:At the June FOMC meeting, the updated projections showed that the "core" of the FOMC has likely pushed out the desired start date of the hiking cycle. The Fed also lowered the path of the hiking cycle,...
Jun 19, 2015 00:16 am UTC| Commentary
Barclays notes:As negotiations between Greece and its creditors have taken a turn for the worse, with no near-term compromise in sight, contagion has started to be felt in the EGB market.A full-scale contagion from Greece...
US data expected to signal improving consumer spending
Jun 18, 2015 23:48 pm UTC| Commentary
In the post-Fed meeting press conference, Fed Chair Yellen highlighted the data-dependent nature of the forthcoming rate-tightening cycle. While the statement and her comments were more dovish than expected, the first rate...
Emergency EU summit possible this weekend to discuss Greece
Jun 18, 2015 23:38 pm UTC| Commentary
There has been little success in negotiations between Greece and the institutions so far. While the real deadline for some compromise between the two sides is 30 June, another round of negotiations takes place on 22 June,...
Greece's capital controls imminent without breakthrough
Jun 18, 2015 23:06 pm UTC| Commentary
Euro area heads of state have scheduled an emergency summit for 22 June in what could be the last-ditch attempt to strike a deal to avert a financial crisis for Greece. With the end-of-June IMF deadline fast approaching,...
US Q1 GDP likely to be less bad than originally reported
Jun 18, 2015 22:40 pm UTC| Commentary
By weeks end, US Q1 GDP (Wednesday) is likely to be less bad than originally reported, while the next days consumer spending figures will likely register a sizeable gain.Upward revisions to retail sales and, to a lesser...