US existing home sales to rise to highest levels since December
Apr 20, 2015 05:32 am UTC| Commentary
US home resale activity stalled in recent months, in part driven by unseasonably cold weather. Pending home sales, a reliable leading indicators of existing sales, suggest that resale activity increased in March. Pending...
Daily Economic Outlook: 20 April, 2015
Apr 20, 2015 05:29 am UTC| Commentary
The ECB will announce details of its QE purchases, while ECB Vice President is scheduled to speak at the European Parliament. The only notable releases are German producer prices for March (0600 GMT) and euro area...
Another strong decline in Spanish unemployment in Q1
Apr 20, 2015 02:23 am UTC| Commentary
Spain labour market turned a corner over the last couple of years. After the unemployment rate peaked at 26.9% in Q1 2013, it has declined to 23.7% in Q4 - with the first positive employment growth in six years in 2014....
French business confidence to improve in April
Apr 20, 2015 01:54 am UTC| Commentary
The French National Statistical Institute (INSEE) business confidence index for the whole economy is expected to improve from 96 to 97 in April, while the manufacturing index should remain unchanged for a fifth consecutive...
Stabilisation in the German Ifo expected
Apr 20, 2015 01:11 am UTC| Commentary
In April, the Ifo business climate index is expected to stand at 107.7, down from 107.9 in March. While only a minor improvement is expected in the index in March, it rose more than expected, showing no signs of...
Durable goods orders to remain cool outside of transportation
Apr 20, 2015 00:40 am UTC| Commentary
Durable goods orders likely rose by 0.8% mom in March. Aircraft orders are expected to contribute 0.6% to the overall increase.Although Boeing reported a decline in overall aircraft orders in March (from 72 to 39), there...
US new home sales to correct in March
Apr 20, 2015 00:30 am UTC| Commentary
US new home sales surged unexpectedly by 7.8% mom in February despite severe temperatures in many parts of the country.While it is constructive on new home activity over the next 12 months, this one-month increase is...
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