France's business confidence to improve in May
May 22, 2015 05:38 am UTC| Commentary
The French National Statistical Institute (INSEE) business confidence index for the entire economy is expected to improve from 96 to 97 in May, while the manufacturing index should remain unchanged at 101. The INSEE...
More broad based weakening in the German Ifo expected
May 22, 2015 05:31 am UTC| Commentary
In May, the Ifo business climate index for German is expected to decline to 108.0, from 108.6 in April. A slowdown was already expected last month, after five consecutive increases, which did not take place due to a strong...
Germany's GDP breakdown details to confirm the expected strength of domestic demand
May 22, 2015 05:18 am UTC| Commentary
The flash Q1 GDP number was a big disappointment, rising by a mere 0.3% qoq (median 0.5%, SG 0.6%). However, the qualitative information released confirms the forecast of strong domestic demand driving growth. While...
Malaysia's April CPI – GST implementation pushes up inflation
May 22, 2015 05:07 am UTC| Commentary
Inflation picked up sharply to 1.8% y/y in April (March: 0.9%), in line with our forecast but below consensus. The rise was broad based, reflecting the implementation of the GST in April, with all categories bar transport...
Switch from Turkey long-end into Bahrain ‘44s
May 22, 2015 04:58 am UTC| Commentary
The relative spread relationship between Turkey and Bahrain has largely been driven by oil prices over the past year. With the outlook for oil prices uncertain, it seems unlikely that the spread differential will...
Russia switches from $30s/on-the-run bonds into EUR20s
May 22, 2015 04:39 am UTC| Commentary
Russia credit has rallied meaningfully year-to-date, driven by a confluence of factors: the rebound in oil prices, the stabilization of Russias external position and the rally in the rouble, the Minsk II agreement,...
Daily Economic Outlook: May 22nd, 2015
May 22, 2015 04:22 am UTC| Commentary
Yesterdays larger-than-expected softening in preliminary May PMI readings for Germany suggests some downside risk to the mild expected pullback in the IFO balances; analysts look for 108.1 on the overall business climate...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects