Apr 28, 2015 17:52 pm UTC| Commentary
The euro strengthened to three-week peaks above $1.09 and could now be a dovish Fed statement away from climbing a few cents higher.U.S. economic uncertainty has tempered dollar bullishness, affording the single currency...
BoT to keep monetary policy loose amid a fragile economic recovery
Apr 28, 2015 16:54 pm UTC| Commentary
The BoT will probably want to keep monetary policy loose amid a fragile economic recovery. But there was some resistance within the BoT board to last months 25bp policy rate cut, and the BoT will opt to keep policy...
NZ non-seasonally adjusted trade balance likely swung back into deficit in March
Apr 28, 2015 16:12 pm UTC| Commentary
After recording a surplus in the first two months of the year, New Zealand non-seasonally adjusted trade balance (23.45 BST Tuesday) probably swung back into deficit in March, to the tune of around $100m.After seasonal...
EC’s Economic Sentiment Indicator probably edged down in April
Apr 28, 2015 16:06 pm UTC| Commentary
ECs Economic Sentiment Indicator (10.00 BST) likely edged down in April, as the continued crisis in Greece weighed on confidence.Granted, the continued weakness of the euro and low inflation might suggest that sentiment...
US GDP growth slowed in Q1, but perhaps not as much as markets expect
Apr 28, 2015 15:06 pm UTC| Commentary
Capital Economics said - "Our calculations indicate that GDP growth (13.30 BST) slowed to 1.5% annualised in Q1. Consumption growth probably slowed to just under 2%."Unseasonably bad weather more than offset the potential...
Riksbank likely to cut policy rate even further below zero
Apr 28, 2015 14:56 pm UTC| Commentary
The Riksbanks monetary policy decision (08.30 BST) is likely to result in Swedens policy rate being cut even further below zero, from -0.25% currently.Admittedly, deflationary pressures have subsided a bit since the...
Apr 28, 2015 12:33 pm UTC| Commentary
This Thursday (30 April 2015) at 12.30pm CET Russias central bank (the CBR) will announce its monetary policy decision. During the last meeting on 13 March 2015 the CBR had already signalled that it is ready to cut on...