Apr 22, 2015 16:33 pm UTC| Commentary
An indecisive greenback helped the loonie eke out a gain though it remained largely little changed on the week.The loonie has consolidated its big gain from last week that stemmed from a less dovish sounding Bank of Canada...
Apr 22, 2015 16:30 pm UTC| Commentary
Like the U.K. pound, the Aussie dollar was another session star after an unexpected uptick in core inflation suggested a slightly lower risk of an imminent interest rate cut by the nations central bank.The main headline...
Apr 22, 2015 16:25 pm UTC| Commentary
Pound found a positive in the minutes from the latest Bank of England meeting which played up recovery prospects in the euro zone and see a case for U.K. inflation to rebound from record lows with the economy expected to...
Apr 22, 2015 16:24 pm UTC| Commentary
The euro was steady after an overnight bounce to $1.08 once again proved short-lived. Markets appear to be giving Athens the benefit of the doubt that it would ultimately squeak by with a deal to keep the rescue cash...
Good affordability and improving labor market should continue to shore up U.S housing demand
Apr 22, 2015 16:04 pm UTC| Commentary
U.S. existing home sales increased by 6.1% to 5.19 million (annualized) in March, the fastest pace in 18 months. The number of transactions was well above the 5.03 million pace expected by the market. Sales increased in...
Greek crisis dents Euro-zone consumer confidence
Apr 22, 2015 14:35 pm UTC| Commentary
EC measure of consumer confidence fell from -3.7 in March to -4.6 in April, well above the levels seen even towards the end of last year. Aprils decline in the EC measure of consumer confidence suggests that concerns about...
Fed waiting for data to break one way or the other
Apr 22, 2015 14:24 pm UTC| Commentary
With no scheduled press conference or forecast update at next weeks FOMC meeting, expectations about the timing of the Feds first rate hike will hinge on any changes to the accompanying statement."We expect the Fed to...
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