May 08, 2015 18:02 pm UTC| Commentary
From Danske Bank Markets:The focus remains on Greece ahead of the euro group meeting on Monday. We continue to see the summer crunch time as the real deadline.We forecast GDP growth in the euro area of 0.5% q/q in Q1.We...
Tory majority brings more clarity to fiscal outlook
May 08, 2015 17:54 pm UTC| Commentary
The Tories outright majority indicates that the economy is clearly heading for a major re-intensification of the fiscal squeeze next year. This will represent only the first step towards their ambitious plans to eliminate...
Fresh euro weakness should boost German equities again
May 08, 2015 17:41 pm UTC| Commentary
Although it has still been one of the best performing developed world stock markets this year, the DAX index has come off the boil recently But its recent weakness is unlikely to continue, and the DAX is likely to surge...
Industrial production in China set to have rebounded in April
May 08, 2015 17:31 pm UTC| Commentary
The unusually late timing of Chinese New Year, which disrupted investment and factory output, is probably partly to blame for the weakness in March activity data. Given that this drag should have faded in April, analysts...
May 08, 2015 16:28 pm UTC| Commentary
The dollar experienced whipsaw trade in the wake of a monthly jobs report that largely met market expectations but fanned a little more worry about the economys first quarter performance. Nonfarm payrolls rose 223,000 in...
May 08, 2015 16:27 pm UTC| Commentary
Bigger than expected job losses north of the border weighed modestly on the loonie. Canada shed 19,700 workers in April which was about four times more than the expected loss of 5,000. Unemployment remained 6.8 percent...
May 08, 2015 16:27 pm UTC| Commentary
The Aussie dollar held firm and within pennies of three-month highs against its U.S. counterpart after a quarterly message from the Reserve Bank of Australia was mum on whether the bank was done cutting interest rates.The...