March data point to a broad-based slowdown of Chinese economy
Apr 17, 2015 18:11 pm UTC| Commentary
China released the full set of economic indicators for March this week, including trade, monetary and real activity data. Overall, the data point to a broad-based slowdown in the economy.While market expectations had...
Quiet US week ahead of FOMC meeting
Apr 17, 2015 17:30 pm UTC| Commentary
In the US, only a few second tier data releases are scheduled next week. March durable goods and shipments for March (Fri) will provide an update on whether the recent weakness of manufacturing is primarily weather-related...
March UK retail sales growth likely to have been modest
Apr 17, 2015 17:21 pm UTC| Commentary
The official retail sales report for March (Thurs) may attract the most interest. Measuring retail spending at this time of year is always particularly difficult due to the variable timing of Easter. Surveys have been...
Eurozone activity data are expected to continue to firm
Apr 17, 2015 17:13 pm UTC| Commentary
In the euro area business and consumer surveys for April will provide a first steer on whether the upturn in economic growth has continued into Q2.Lloyds Bank - "We expect the message to be generally positive. The flash...
Apr 17, 2015 17:06 pm UTC| Commentary
Greek sovereign yield spreads with the rest of the euro area continue to widen as concerns about a potential default mount. Further downgrades of Greek ratings by some credit agencies helped fuel the sell-off. Yields also...
Apr 17, 2015 16:13 pm UTC| Commentary
Rate hike constructive U.S. inflation data helped the dollar pare declines that had it on course for its worst week in a month. U.S. consumer prices rose for the second time in as many months, rising 0.2% (m/m) in March....
Apr 17, 2015 16:13 pm UTC| Commentary
Better than expected news on Canadian inflation and consumers helped keep the loonie on a strengthening path against the greenback.The loonie hit a session best under C$1.21, a new three-month peak, after annual inflation...