China's Q2 growth may decelerate
Jun 05, 2015 09:57 am UTC| Commentary
Chinas total investment growth likely decelerated further in January-May. Steel product and cement prices did not rebound despite accelerated approvals of new infrastructure projects. This implies that demand for key input...
Australia May unemployment rate likely fell to 6.1%
Jun 05, 2015 09:30 am UTC| Commentary
The Austrsalian Bureau of Statistics will release May labour-market data on 11 June. Strong job creation of 19,000 jobs, following the slight drop of 2,900 jobs are expected in April. The unemployment rate likely dropped...
GLOBALcycle brightens up in May
Jun 05, 2015 09:20 am UTC| Commentary
The GLOBALcycle indicator, which tracks economic conditions in economies covering 80% of world GDP, increased in May after a weak start to the year. Economic conditions improved in EM, led primarily by China. Meanwhile,...
German & US 10yr yields topping out and turning bullish
Jun 05, 2015 09:08 am UTC| Commentary
Bunds and US 10yr yields are topping out and turning bullish. While Bund yields have exceeded the expected topping zone at 85.5bps/89.9bps, the daily candlestick indicates trend exhaustion, as both momentum and Elliott...
Europe — Greece Inching Closer To Default
Jun 05, 2015 08:17 am UTC| Commentary
Europes focus will remain the saga of Greek debt negotiations as other forms of market risk will be relatively subdued and concentrated upon limited data risk next week. The issue of Greece is likely to receive...
United States — Consumers Arriving Too Late & Possibly Fleeting?
Jun 05, 2015 07:58 am UTC| Commentary
Pretty much the only material domestic risk overhanging US markets next week will be Thursdays retail sales release for May. It could well bea very solid print, but the bar is very high for it to be enough to rescue the...
Jun 05, 2015 07:31 am UTC| Commentary
German manufacturing orders rose in April by 1.4% on the month. If the always very volatile orders in the "other vehicles" sector (aircraft etc.) had not fallen, the increase would even have been one percentage point...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects