Mar 31, 2015 15:44 pm UTC| Commentary
Canadas loonie dodged a bit of a bullet as monthly growth didnt fare as poorly as expected which can cement expectations of no change in area interest rates next month. Canadas economy contracted 0.1% in January which...
Mar 31, 2015 15:44 pm UTC| Commentary
A subdued Aussie dollar headed for the end of the first quarter in weak shape and less than a penny away from six-year lows. A trifecta of factors have weighed on the Aussie such as odds seen as elevated for a Australian...
Mar 31, 2015 15:43 pm UTC| Commentary
A surprise upgrade to U.K. growth last quarter helped the pound steady after a horrible month in which it has shed six cents against the resurgent greenback. March debuted with sterling at $1.54. But as British inflation...
Mar 31, 2015 15:42 pm UTC| Commentary
Festering worries about Greeces fiscal shape are helping cement the euros worst quarterly performance ever. After shedding 12% in 2014, the most since 2005, euro/dollar was on pace to lose more than 10% in the opening...
Bank of Canada will probably look through the current weakness
Mar 31, 2015 15:15 pm UTC| Commentary
The Canadian economy contracted 0.1% in January. Goods-sectors had a surprisingly solid showing in the month, up 0.3%. Ironically, some of the strength came from mining, oil gas which jumped 1.4%.Services sector activity...
US consumer confidence will continue to improve in the months ahead
Mar 31, 2015 15:03 pm UTC| Commentary
US Conference Boards index of consumer confidence shot up to 101.3 in March from an upwardly revised 98.8 in February (previously reported at 96.4). The reading came in well ahead of the consensus expectation for a flat...
China's softer domestic demand to drag official PMI down in March
Mar 31, 2015 07:24 am UTC| Commentary
The flash estimate for Chinas March HSBC PMI softened to 49.2 from 50.7 in February, the lowest reading in 11 months. Production, new orders and employment all deteriorated, suggesting domestic demand softened over the...
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