Stable and tight German labour market expected in July
Jul 27, 2015 00:33 am UTC| Commentary
The number of unemployed in Germany in July is expected to have declined by 5 thousand, following the small drop of 1,000 in June. The unemployment rate is expected to remain stable at 6.4%. The overall conditions in the...
Another weakening in the German Ifo expected
Jul 27, 2015 00:29 am UTC| Commentary
Societe Generale notes:In July, we expect the Ifo business climate index to decline to 107, from 107.4 in June. The Ifo survey has fallen in the past two months but remains at a relatively high level compared with other...
Flash June euro area HICP inflation to print at 0.3%
Jul 27, 2015 00:21 am UTC| Commentary
Societe Generale notes:We expect consumer prices to trend upward from 0.2% yoy in June to 0.3% yoy in July. The energy component is likely to provide a muted push led by stable gasoline prices recorded in the month of July...
Stabilising improvements in Euro area monetary and credit dynamics
Jul 26, 2015 23:51 pm UTC| Commentary
Societe Generale notes:Significant improvements have been seen in monetary and credit dynamics since the ECB adopted an accommodating stance back in June (rate cuts, TLTRO, QE). Indeed, M3 money supply growth recovered...
US civilian worker compensation growth probably continued apace during the spring
Jul 26, 2015 23:41 pm UTC| Commentary
The US Employment Cost Index (ECI) for all civilian workers - the Bureau of Labour Statistics broadest measure of worker compensation - likely climbed by 0.7% over the three months ended June, matching the advance recorded...
Australia’s Q2 import price index to rise in June
Jul 26, 2015 23:34 pm UTC| Commentary
Import goods prices are expected to rise in the June quarter, led higher by a rebound in energy costs. The import price index is forecast to rise by 2.7% in the quarter. That would see the index 2.6% higher than a year...
Forward guidance will be in the spotlight at the upcoming FOMC meeting
Jul 26, 2015 23:06 pm UTC| Commentary
RBC Capital Markets notes:Forward guidance (or lack thereof) will be in the spotlight at the upcoming FOMC meeting (no press conference). At Yellens congressional testimony she did not rule out a September hike, nor did...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
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Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects