What do Japan’s government and central bank really want?
May 28, 2015 06:27 am UTC| Commentary
Even if BoJ governor Haruhiko Kuroda steadfastly denies reality ("all factors, all eco-nomic variables show that we are on track and that inflation rate would reach about 2% around the first half of fiscal 2016") at least...
A new government for Finland: reforms and austerity
May 28, 2015 06:24 am UTC| Commentary
Finland will be ruled by a conservative three party government. The new government will be formed by the Centre Party (liberal), the Finns (populist, previously called True Finns) and National Coalition (conservative)....
May 28, 2015 06:07 am UTC| Commentary
The euro-area May confidence indicators are released today and no surprises are expected with confidence virtually unchanged since April. In the US initial jobless claims have trended lower in recent weeks suggesting...
Spain's domestic demand-led boom in Q1
May 28, 2015 05:57 am UTC| Commentary
The Spanish statistical office should confirm the strong Q1 GDP growth figure (0.9% qoq) while publishing the details of the expenditure components. On the back of lower oil prices and car purchase incentives, consumption...
EC economic indicators expected to remain stable in May
May 28, 2015 05:50 am UTC| Commentary
Following a mixed picture from the euro area PMIs for May which were released last week, the European Commissions economic sentiment indicator is expected to remain stable at 103.7. Such a level would be consistent with...
US financial markets indicators show a rebound in global government bond yields
May 28, 2015 05:22 am UTC| Commentary
The recent rebound in the 10-year Treasury yield still leaves it well below the peak reached at the start of 2014 in the aftermath of the so-called taper tantrum(1). This more modest recent rebound in yields has come at a...
US Inflation indicators reveal a firming in core inflation
May 28, 2015 05:14 am UTC| Commentary
Although the annual rate of headline CPI inflation remained in negative territory in April, there are clear signs of a firming in core inflation (1). The annual rate of core CPI inflation remains at a modest 1.8%, but the...