May 21, 2015 16:07 pm UTC| Commentary
The loonie kept on its back foot near one-month lows ahead of local data Friday thats forecast to show moderation at the consumer level. Consumer inflation is forecast to move further away from the Bank of Canadas 2...
May 21, 2015 16:07 pm UTC| Commentary
Attention yen buyers: Japans currency is still near the most affordable levels in two months. The dollar has risen to mid-March highs against the yen as U.S. Treasury yields hold around elevated levels with the 10-year...
May 21, 2015 16:06 pm UTC| Commentary
Sterling caught a broad pop and strengthened to two-month highs against the euro after U.K. consumers stepped up spending in April, which served as a reminder of the overall sound shape of Europes No. 3 economy. The 1.2...
May 21, 2015 16:05 pm UTC| Commentary
The euro rose above three-week lows against its U.S. counterpart, though shaky underlying sentiment contributed to its fall to two-month lows against sterling. The euro firmed after business activity in France picked up in...
U.S. existing home sales stumble in April
May 21, 2015 15:59 pm UTC| Commentary
Existing home sales unexpectedly fell by 3.26% to 5.04 million units (annualized) in April. The number of units sold was considerably below the 5.23 million annualized pace expected by the market. Previous months sales...
ECB minutes reaffirm intention to see QE through
May 21, 2015 12:03 pm UTC| Commentary
The minutes of the ECBs monetary policy meeting on 15th April underscore the message already given by Mario Draghi and colleagues, in the press conference after the meeting and in subsequent speeches, that the Governing...
Investment flows between SSA and the Middle increasing
May 21, 2015 11:59 am UTC| Commentary
Middle Eastern countries are investing in SSA on an increasing scale, with infrastructure and finance sectors featuring. In 2014, Dubais Chamber of Commerce estimated that Gulf entities have provided at least USD 30bn of...
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