Eurogroup meeting, GDP and IP in focus
May 10, 2015 21:25 pm UTC| Commentary
The Eurogroup meeting (Monday) will be mostly dedicated to Greece. Finance ministers will review progress on the negotiations for the conclusion of the programme, but an agreement is not expected that would unlock the...
Australia's federal budget to show an improving trajectory
May 10, 2015 21:08 pm UTC| Commentary
Australias federal budget on Tuesday should show an improving trajectory, but larger deficits compared with MYEFO.More importantly though, the lack of credible medium-term fiscal consolidation plan has received more...
US non-farm payrolls rose 228k in April
May 10, 2015 20:51 pm UTC| Commentary
United States non-farm payrolls rose 228k in April, compared to a downwardly revise 85k in March.The unemployment rate of 5.4% matched expectations as well as the March result, while hourly earnings growth was...
Bank of Korea to leave rates at 1.75%
May 10, 2015 20:35 pm UTC| Commentary
BoK is expected to leave rates at 1.75% on Thursday, but there is a small minority (2 out of 10) expecting a 25bps rate cut.With growth and inflation subdued, BoK remains under pressure and the door remains open for...
A very busy week ahead for UK events
May 10, 2015 20:26 pm UTC| Commentary
Its a very busy week for UK events, with the BoE meeting tonight, IP data (Tues), BoE inflation report (Weds), and labour market report (Weds).The BoE meeting should be a unanimous decision for no change, and a non-event....
May BoE MPC announcement will likely see monetary policy unchanged
May 08, 2015 18:57 pm UTC| Commentary
The focus in the upcoming week will primarily be on the Bank of England. The May MPC announcement (Mon) will likely see monetary policy unchanged. However, of more interest will be Wednesdays release of the Inflation...
Negotiations about Greek debt to again come to the fore
May 08, 2015 18:36 pm UTC| Commentary
The coming week is a key one for Greece. Negotiations over a compromise between Greece and its creditors continue ahead of Mondays Eurogroup meeting. A final agreement by then seems unlikely.However, it is probable that...