Mar 06, 2015 07:47 am UTC| Commentary
The ECB staff projections for growth were slightly stronger than expected and while CPI is forecast to rise to 1.5% in 2016 and 1.8% in 2017, it still suggests further QE post Sept-16 cannot be ruled out.The ECB also...
U.S. unemployment rate likely to tick down one notch to 5.6%
Mar 06, 2015 07:38 am UTC| Commentary
Today the focus will be on the US employment report and analysts expect the job growth of 235,000 in February, this is a slower pace than in the past six months but still solid.Danske Bank notes in a report on...
Markets quiet ahead of U.S. NFP data
Mar 06, 2015 07:21 am UTC| Commentary
Ahead of U.S. NFP data today, Euro after briefly dipping below 1.10 at Londons close, it was very quickly rebounded to settle near 1.1020. Private NFP to decelerate a touch to a still-healthy 225/220K in Feb from 257/267K...
RBC Capital Markets: South African rand likely appreciate in next 12-18 months
Mar 06, 2015 07:01 am UTC| Commentary
A decline in the perceived South Africas output gap is keeping breakeven inflation high and steepening the term structure. The 2Y rate 3Y forward stands at 7.5%, against 6.5% for the 2Y rate and 4.4% for...
RBA indicates a clear easing bias- WIB IQ
Mar 06, 2015 06:51 am UTC| Commentary
The Reserve Bank of Australia decided to leave the cash rate unchanged at 2.25 in March. When we expected two rate cuts in February and March back on December 4 previous year we expected that for such a significant about...
Lloyds Bank: US Payrolls Preview
Mar 06, 2015 05:22 am UTC| Commentary
Quotes from Lloyds Bank US payrolls are forecast to grow by more than 200k in February for the 12th successive month. Our forecast is for a 245k rise, less than last month but still more than sufficient to continue to...
Barclays: Malaysian exports likely to be under pressure from lower energy prices
Mar 06, 2015 05:11 am UTC| Commentary
Quotes from Barclays Malaysias trade surplus remained high in January, at MYR9bn. Exports fell 0.6% y/y, considerably below consensus (+2.5%) but better than our forecast (-2.5%). This decline was largely due to 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