Upbeat consumer confidence suggests U.S. consumption growth will rebound in Q2
Apr 17, 2015 14:58 pm UTC| Commentary
The rebound in the University of Michigan consumer confidence index in April which, aside from this Jans reading, left it at its highest level since 2007, suggests that consumption growth will rebound in the second...
US CPI data showed evidence of broadening price pressures
Apr 17, 2015 14:37 pm UTC| Commentary
US consumer prices rose 0.2% (m/m) in March, below expectations for 0.3%. Core CPI (excluding food and energy) was also up 0.2%, on par with the consensus call. Core goods accelerated for the second straight month, rising...
Slump in energy prices hasn't triggered a wider deflationary spiral in the US
Apr 17, 2015 14:27 pm UTC| Commentary
Although US headline consumer prices increased by a slightly smaller than expected 0.2% m/m in March (the consensus forecast was 0.3% m/m), there are now clear signs of a firming in underlying inflation.Maybe not enough of...
Sweden unemployment likely to edge down in March
Apr 17, 2015 14:20 pm UTC| Commentary
Sweden unemployment rate is likely to edge down in March. Robust employment growth and favorable panel effects will probably explain the drop.Labour market trends is not the focal point for the Riksbank, while inflation...
April BoE MPC minutes will focus on strengthening GBP and inflation expectations
Apr 17, 2015 14:09 pm UTC| Commentary
As expected the BoE kept its monetary policy stance unchanged at the MPC meeting on 8-9 April. (Bank rate at 0.5% and the size of the Asset Purchase Programme at GBP 375bn).Most likely the MPC members unanimously voted for...
Greece will continue to grab headlines in the run-up to the Eurogroup meeting
Apr 17, 2015 14:02 pm UTC| Commentary
In the run-up to the Eurogroup meeting on 24/25 April, Greece will continue to grab headlines and market attention. After so many missed opportunities, it is hard to be convinced that a solution will be found this...
US CPI inflation to post largest increase in two years
Apr 17, 2015 05:48 am UTC| Commentary
After seven months of declines, gasoline prices rebounded in March and should propel the headline CPI index 0.4% higher. Pump prices are likely increased by 8.4% last month, or about 2% above a normal seasonal...
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