Spain's catalan elections probably sees greater uncertainity

Sep 22, 2015 04:58 am UTC| Commentary

After the non-binding referendum on independence held last November, the Catalan proindependence parties decided on a roadmap towards independence. The first step of this roadmap lies in the regional elections which are...

Third time likely to be lucky for US Q2 GDP growth

Sep 22, 2015 04:57 am UTC| Commentary

Data released subsequent to the Bureau of Economic Analysis preliminary report on real GDP growth during the spring point to yet another markup."Stepped-up spending by consumers and businesses, along with a larger...

Falloff in US transport bookings likely pared durables orders in August

Sep 22, 2015 04:55 am UTC| Commentary Economy

A sharp reduction in commercial jetliner bookings, combined with the first decline in motor vehicle bookings since May, likely trimmed transport requisitions by a hefty 8.0% during the reference period, following an...

No change expected in EC consumer confidence

Sep 22, 2015 04:54 am UTC| Commentary

No change is likely in the EC consumer confidence indicator for September. The factors behind an improvement in consumer confidence, lower fuel prices, improvement in the labour market, have continued as they were, and...

UK manufacturing sector struggles due to weak export demand

Sep 22, 2015 04:52 am UTC| Commentary

UK manufacturing sector is struggling. Output has fallen in three of the last four months, with a dip of 0.8% mom in July, the most recent observation. The main culprit appears to be weak external demand. The September...

UK public finances continue on their improving path

Sep 22, 2015 04:51 am UTC| Commentary Economy

UK budget deficit is clearly improving compared to the previous fiscal year. In the four months to July, spending was flat compared to the same period a year earlier whereas revenues were up 4.4%. As always, there are...

Daily Economic Outlook - September 22nd 2015

Sep 22, 2015 04:19 am UTC| Commentary

Expect the overnight release of the September preliminary Caixin manufacturing PMI to have a big impact on global financial markets after the Fed highlighted the importance of economic developments in China on US interest...