May 26, 2015 16:14 pm UTC| Commentary
Western Union:U.S. durable goods fell 0.5 percent in April as expected. However, a gauge of business spending topped forecasts with a solid 1 percent rise.The U.S. economy has flashed mixed messages recently but the most...
May 26, 2015 16:14 pm UTC| Commentary
Western Union:The loonie fell to six-week lows against its reinvigorated U.S. counterpart. Lots of risk on tap for the loonie this week with a Bank of Canada decision due tomorrow and Friday numbers on first quarter...
May 26, 2015 16:13 pm UTC| Commentary
Western Union:The euro hit one-month lows, hurt by mounting worries about Greek finances. Greece has a massive payment of around 300 million to make to the IMF next week and it reportedly wont have the funds to cover it...
US consumer confidence edges higher in May
May 26, 2015 15:04 pm UTC| Commentary
The improvement in the Conference Boards consumer confidence index to 95.4 in May, from 94.3, was a pleasant surprise given that other measures of confidence had weakened in response to the recent surge in gasoline...
NBH likely to continue cutting its policy rate next month
May 26, 2015 14:42 pm UTC| Commentary
The National Bank of Hungary (NBH) cut its base rate by 15bp to 1.65%, as expected and by unanimous consensus. This is the third consecutive cut since March, when the NBH reinitiated its cutting cycle.Barclays Capital says...
US durable goods orders point to pick-up in investment
May 26, 2015 14:36 pm UTC| Commentary
Aprils durable goods figures confirm that, following the earlier disruption caused by the unseasonably cold weather in the Northeast and the West Coast port dispute, the factory sector was getting back on track as spring...
Poland's growing market uncertainty
May 26, 2015 12:16 pm UTC| Commentary
An increase in political uncertainty is likely to create increased market uncertainty at least until the autumn parliamentary election takes place. The reaction on the FX market will be observed in the coming days."Limited...