Euro-zone labour market recovery remained very slow
Mar 17, 2015 18:48 pm UTC| Commentary
Euro-zone data released this morning revealed that the labour market recovery remained very slow. Employment rose by just 0.1% q/q in Q4 last year, leaving the annual growth rate at a modest 0.9%.With previous data showing...
Further 25bp cuts from Bank Indonesia likely this year
Mar 17, 2015 18:24 pm UTC| Commentary
Having surprised markets last month with a rate cut, Bank Indonesia (BI) left its key policy rate on hold on Tuesday at 7.50%.GDP grew by just 5.0% last year, the worst performance since the 2008-09 global financial...
US Fed likely to drop “patient” reference
Mar 17, 2015 18:20 pm UTC| Commentary
With the labour market still evidently on fire in Feb, the FOMC statement (18.00 GMT) likely to omit the language that the Fed can be "patient" in beginning to normalise monetary policy.Capital Economics notes in a report...
Slide in the Canadian dollar impacting Canadian inflation in 2015
Mar 17, 2015 18:05 pm UTC| Commentary
Of the many factors impacting the outlook for Canadian inflation in 2015, the slide in the Canadian dollar over the last two years has been notable, depreciating by 30% since late 2012.The lower value of the Canadian...
Mar 17, 2015 17:43 pm UTC| Commentary
RBS notes in a report on Tuesday: We remain long USD/JPY after the resumption of the up-trend towards 124.00 and above targets and note that our first resistance level of 122.00 has already been tested, from where there...
Mar 17, 2015 17:37 pm UTC| Commentary
RBS notes in a report on Tuesday: The pair has broke below my main target of 0.7152, implying further downside to 0.7004 and 0.6885 after a bullish correction towards the former channel and 0.7390 resistance level, as...
Mar 17, 2015 17:33 pm UTC| Commentary
RBS notes in a report on Tuesday: The price has broken through a key support level of 1.4970, being the 76.4% retracement from 2001 - 2004 impulse wave. We were expecting the pair to form a local base there, but were...
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