French business confidence to improve in April
Apr 20, 2015 06:17 am UTC| Commentary
Lower oil prices and a weaker euro should play out, while French government measures including tax cuts (CICE) should start to positively impact business confidence. The continuing improvement is expected over the coming...
Stabilization in German Ifo expected
Apr 20, 2015 06:09 am UTC| Commentary
Only a minor improvement is expected in the German Ifo in March, it rose more than expected, showing no signs of moderation. However, with investor surveys weakening in April with the positive news flow ebbing and...
Weakening expected in the ZEW economic sentiment
Apr 20, 2015 05:51 am UTC| Commentary
After five straight months of increases, the ZEW investor economic sentiment indicator is expected to drop back. This follows an already weaker than expected outcome of 54.8 in March, as the positive news flow has been...
Apr 20, 2015 05:45 am UTC| Commentary
It is puzzling to see that: 1) the improvement in Euro area PMIs observed since last autumn mostly stems from the services sector rather than from the manufacturing sector and 2) the increase in the manufacturing PMIs...
US new home sales to correct in March, but remain on a strong trend
Apr 20, 2015 05:39 am UTC| Commentary
US new home sales surged unexpectedly by 7.8% mom in February despite severe temperatures in many parts of the country.Taking a longer-term look at housing data, the recent sharp increases in household formation suggest...
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...