Jun 04, 2015 15:48 pm UTC| Commentary
Danske Bank Markets:We expect a 1.4% m/m increase in overall US retail sales in May on the back of an increase in auto sales and higher gasoline prices.Greece and its creditors will work on reaching an agreement on Greeces...
Inflation in Russia is declining, but RUB depreciation remains a concern
Jun 04, 2015 15:40 pm UTC| Commentary
Russian inflation continued to decelerate in May, rising just 0.4% and 15.8% y/y, slightly below forecasts. On an incremental basis, inflation was up just 6.5% annualised during April and May. Food and services inflation...
US productivity decline driven by Q1 output weakness
Jun 04, 2015 15:25 pm UTC| Commentary
US productivity, as measured by the change in nonfarm business output per hour, fell 3.1% q/q saar in Q1. This was broadly in line with consensus expectations (-3.0%). Output for the nonfarm business sector was revised...
France FDI remain healthy despite its average positioning in international rankings
Jun 04, 2015 15:17 pm UTC| Commentary
Frances does not seem to have a very good standing in terms of international rankings. Yet Frances rather average rankings do not prevent a healthy inflow of foreign direct investment (FDI), despite a slowdown in 2013 and...
Jun 04, 2015 14:31 pm UTC| Commentary
Western Union:U.S. weekly jobless claims held below 300,000 for as many weeks. The dollar edged above lows as jobless claims fared better, moving to 276,000 from 284,000, better than forecasts of 279,000.Americas job...
Jun 04, 2015 14:30 pm UTC| Commentary
Western Union:Like the greenback, Canadas currency has also fallen prey to doubts about the health of the domestic economy.Consequently, the loonie remains close to its most affordable levels for U.S. businesses since...
Jun 04, 2015 14:30 pm UTC| Commentary
Western Union:A forgettable night for Australias economy weighed on the Aussie dollar which tumbled from its loftiest level in more than a week. A pair of worrisome readings on the Down Under economy revived expectations...