Apr 08, 2015 15:51 pm UTC| Commentary
Western Union:The yen recovered from multi-week lows after the Bank of Japan opted against adding to its already robust monetary stimulus program. But dont expect a meaningful bounce for the yen with Japanese policymakers...
Advanced economies likely to lead pick up in global growth
Apr 08, 2015 13:21 pm UTC| Commentary
The global economy is evolving largely as expected. With little impetus from emerging markets, the bulk of the acceleration in growth this year is expected to come from advanced economies.Weaker euro, lower oil prices and...
EIA cuts estimate for US oil production
Apr 08, 2015 09:42 am UTC| Commentary
Oil prices increased sharply yesterday after initial losses. The price of Brent rose by 1.7% to a two-week high of USD 59 per barrel, and WTI by as much as 3.5% to a good USD 54 per barrel, its highest level since the end...
Three more cuts expected from National Bank of Hungary
Apr 08, 2015 08:42 am UTC| Commentary
Hungarys inflation accelerated to -0.6% y/y in March from -1.0% y/y in February and of -1.4% y/y in January. The main factor has been acceleration in food, alcohol and tobacco inflation; core inflation remained unchanged...
UK house price pressures to ease further
Apr 08, 2015 08:38 am UTC| Commentary
The rate of UK house price inflation has been steadily falling from its peak of over 10% yoy in mid-2014 and now stands at roughly half that level.The RICS housing survey for March should corroborate that continuing...
Mexico consumer confidence to improve in March but remain below 2012 cyclical high
Apr 08, 2015 08:35 am UTC| Commentary
After bottoming in Q1 14, Mexicos consumer confidence has slowly strengthened on the back of thedecline in the unemployment rate and the modest economic recovery of the past few quarters.With the fall in inflation helping...
Trilogy of Yellen-Fischer-Dudley speeches make minutes look old
Apr 08, 2015 06:12 am UTC| Commentary
The minutes of the 17-18 March FOMC meeting will be released at 14:00 ET on Wednesday.The March statement no longer referred to a "prudent" stance, but the growth forecast downgrades, the lower dot plot trajectory, and the...
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