UK public finance figures set to bring good news for coalition parties
Apr 22, 2015 19:01 pm UTC| Commentary
Marchs public finances (09.30 BST) could bring some good news for the coalition parties just two weeks before the election.If borrowing in March sees the same improvement as that seen in the rest of the year, then the...
Euro-zone composite PMI probably rose in April
Apr 22, 2015 18:57 pm UTC| Commentary
The euro-zone composite PMI (09.00 BST) may have risen a little further in April, as the low euro and oil price support activity.The PMI has been on an upward trend, rising in each of the past four months and in March...
Austria’s bank troubles will have euro-zone repercussions
Apr 22, 2015 18:33 pm UTC| Commentary
Heta Asset Resolution is a "bad bank" created to wind down the assets of the nationalised Hypo Alpe-Adria Bank International (HAA). But it was thrown into disarray last month after an audit pointed to an impairment of...
Upbeat job market will continue to support U.S. housing recovery
Apr 22, 2015 18:17 pm UTC| Commentary
After a winter in the doldrums, the housing market is showing signs of life. Sales of existing homes surged 6.1 percent to a 5.19 million annual rate in March, the quickest pace in 18 months. "Credit is still tight, but...
US oil production continues to fall
Apr 22, 2015 17:49 pm UTC| Commentary
EIAs weekly US Petroleum Report, released earlier today, shows that stocks of oil rose again last week. However, the amount of crude oil in commercial storage tanks increased by a modest 5.3 million barrels to 489.0...
U.S. homebuyers are coming out of hibernation
Apr 22, 2015 17:36 pm UTC| Commentary
U.S. existing home sales doubled expectations in March, jumping 6.1% to 5.19 mln units annualized, the largest % increase since December 2010 and the highest since September 2013 (or 1½ years). The increase (for...
Apr 22, 2015 17:13 pm UTC| Commentary
The SNB reduced the group of sight deposit account holders that are exempt from negative interest rates in an attempt to increase to effectiveness of the negative interest rate policy as a meaningful disincentive to hold...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight