BoE May MPC meeting unlikely to spring any surprises
May 19, 2015 17:20 pm UTC| Commentary
The minutes of Mays MPC meeting (09.30 BST) seem unlikely to spring any surprises, given that the Inflation Report was published only last week and suggested that financial markets have it broadly right in expecting...
Japan’s GDP growth probably slowed in Q1
May 19, 2015 17:04 pm UTC| Commentary
Capital Economics predict a 0.3% rise in Japan Q1 GDP (00.50 BST), which would be a touch slower than Q4s 0.4% q/q and would highlight that lower energy prices have yet to provide a boost to activity.A range of indicators...
May 19, 2015 16:00 pm UTC| Commentary
Already benefiting from ECB plans to beef up its balance sheet over the next month, and news of the lowest U.K. inflation in more than half a century, the greenback garnered more support from robust news on U.S....
May 19, 2015 15:59 pm UTC| Commentary
A rejuvenated greenback notched May 1 highs against the loonie near C$1.22, its strongest in more than two weeks. The U.S. currencys recent decline has given way to enticing levels to pare back exposure to outperformers...
May 19, 2015 15:58 pm UTC| Commentary
Sterling took several steps back from recent five-month highs above $1.58 as election elation subsided and area inflation somewhat unexpectedly tipped into the red for the first time since 1960.Annual consumer prices were...
May 19, 2015 15:57 pm UTC| Commentary
Good news to share today with your euro customers as the single currency has fallen nearly three cents from last weeks three month highs. The ECB shoved the euro lower after a central bank official said the bank would...
Surge in building permits suggests more homebuilding activity in U.S. ahead
May 19, 2015 15:54 pm UTC| Commentary
U.S. housing starts surged 20.2% to 1,135,000 units annualized. This is the biggest monthly % move since Feb 1991, it doubled expectations and is the highest level since Nov 2007.The gains were spread between singles...