UK housing survey to provide update on approvals trend
Nov 10, 2015 00:34 am UTC| Commentary Economy
UK September lending data delivered a surprise fall in mortgage approvals. Housing demand conditions remain firm with the problem being more one of unresponsive supply rather than demand weakness. We had thought that...
Bank of England adopts more dovish tone
Nov 09, 2015 23:50 pm UTC| Commentary Central Banks
Bank of England adopts more dovish tone. In contrast to recent Fed pronouncements, the Super Thursday output from the MPC, in particular the November Inflation Report, struck a decidedly more dovish tone over the near term...
Strong US labour market figures support December lift-off
Nov 09, 2015 23:28 pm UTC| Commentary
October employment report, which showed much stronger-than-expected rises in non-farm payrolls and pay growth, alongside a further fall in the unemployment rate, has lent support to recent statements by Fed Chair Yellen,...
Time for Chinese activity growth to rebound
Nov 09, 2015 23:17 pm UTC| Commentary Economy
It has been six months since the bottoming out of credit growth. Past history suggests that activity growth should start to turn up now. Earlier this month, the Caixin manufacturing PMI report improved more than expected...
UK headline earnings growth should continue to rise
Nov 09, 2015 22:59 pm UTC| Commentary
The labour release should report that the LFS unemployment rate held steady at 5.4% in the three months to September but the more timely claimant count data for October is likely to show a rise of 5k, which would be the...
French inflation to remain stable at 0.1% yoy in October
Nov 09, 2015 22:32 pm UTC| Commentary
French HICP inflation is expected to remain unchanged at 0.1% yoy in October. The energy component is expected to remain weak in yoy terms but on a mom basis it is expected to show a slight improvement led by a lower...
New Zealand electronic card spending flat in October, trend remains positive
Nov 09, 2015 22:24 pm UTC| Commentary
New Zealand retail spending on electronic cards was flat in October. However, this follows solid gains in recent months and leaves the level of spending up 5.6% over the past year. Looking at the breakdown, Core...
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