China’s flash PMI suggests underlying momentum has softened slightly
Apr 23, 2015 19:05 pm UTC| Commentary
Chinas flash PMI (released on Thursday) remains subdued, with the index falling to 49.2 in April from 49.6. The decline suggests that seasonal distortions, which should have faded in April, may not have been the only...
Fears over Greece starting to dampen economic growth in the euro-zone
Apr 23, 2015 18:29 pm UTC| Commentary
Aprils fall in the euro-zone composite PMI, from 54.0 to 53.5 suggested that fears over Greece might already be starting to dampen economic growth in the region, offsetting any boost from loose monetary policy and the...
German Ifo survey to remain consistent with healthy recovery, for now at least
Apr 23, 2015 18:15 pm UTC| Commentary
Ifo Business Climate Indicator (09.00 BST) would follow the decline in ZEW investor sentiment this month and suggest that the Greek crisis is having an effect on the confidence of businesses as well as that of financial...
Return of Iranian oil may reinforce OPEC’s no output cuts stance
Apr 23, 2015 17:50 pm UTC| Commentary
The recent deal between Iran and the West means that it is now very likely that substantial volumes of oil from Iran will return to the market. If the deal is signed at the end of June, experts think that it would be at...
Apr 23, 2015 17:21 pm UTC| Commentary
The dollar kept on a mixed footing after weekly jobless claims unexpectedly inched up to 295,000 from 294,000. The forecast called for an improvement to 290,000. But claims underlying trend remained positive, having kept...
Apr 23, 2015 17:20 pm UTC| Commentary
The loonie held the upper hand against the greenback, holding within a penny and a half away from January highs hit last week. The loonie got a boost last week in surprisingly upbeat news on Canadian consumer spending and...
Apr 23, 2015 17:19 pm UTC| Commentary
The New Zealand dollar plunged by a whopping 1.5 percent after dovish remarks from a top local central bank official opened the door to a rate cut from 3.50 percent in the months ahead amid worries about the outlook for...
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