Feb 23, 2015 06:16 am UTC| Commentary
Quotes from RBC Capital Markets: -AUD: Q4 CAPEX is out on Thursday. The quarterly read on actual work done is likely to show a decline for Q4 (RBC: -3%) given the mature stage of many large resource projects. As ever, the...
Feb 23, 2015 06:15 am UTC| Commentary
Quotes from RBC Capital Markets: -EUR: IFO is out today. We look for further improvement in the headline business climate index to a seven-month high (RBC and cons 107.7, prev 106.7). Money supply data is out on...
Feb 23, 2015 06:10 am UTC| Commentary
Quotes from RBC Capital Markets: -USD: Yellen gives her semi-annual testimony to Congress on Tue/Wed. We think Yellen is unlikely to echo the dovishness from the minutes for two reasons: (1) since the meeting, we received...
Greek uncertainties to remain high until the summer
Feb 23, 2015 02:02 am UTC| Commentary
Greece will remain a hot topic as the four-month extension is only a temporary fix while negotiations for a new programme start. The Greek government wishes to discuss some debt relief over the next four-month. As we...
Yellen to start preparations for removal of “patience”
Feb 23, 2015 01:10 am UTC| Commentary
Yellens semi-annual testimony to Congress will undoubtedly be the highlight of the economic calendar this week. Societe Generale research team notes: With another month to go to the crucial March FOMC meeting, we expect...
Yellen to sound less dovish than minutes
Feb 22, 2015 22:48 pm UTC| Commentary
Notes from Standard Chartered Research: In considering Chair Yellens likely tone at her semi-annual congressional testimony on 24 February, Januarys minutes may be misleading as the FOMC did not have the bumper January...
Canada's real GDP growth for Dec poised to come in around 0.3%: BMO Capital Markets
Feb 20, 2015 19:35 pm UTC| Commentary
Quotes from BMO Capital Markets:- Theres no denying the breadth and depth of the weakness in the December retail figures, but they come with some big caveats-Black Friday distortion and a huge drop in gasoline prices.-...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight