Eyes on Japanese data and politics, but focus remains on the Fed
Jul 26, 2015 20:45 pm UTC| Commentary
USDJPY remained range-bound around 124 last week after rebounding sharply from 120 on receding Greek concerns. Recent price action has been consistent with the view that USDJPY should oscillate around 123 with risks on...
Jul 26, 2015 20:36 pm UTC| Commentary
Barclays notes:In an otherwise quiet week for UK data and events, focus will centre on UK Q2 GDP (Tuesday); we forecast 0.6% q/q growth, slightly below the consensus forecast of 0.7%. Wednesdays lending report may also...
EUR: Extremely low Euro area inflation to drive further currency weakness
Jul 26, 2015 20:29 pm UTC| Commentary
Barclays notes:Euro area flash July HICP inflation (Friday) should confirm extremely low inflation and support the ECBs continued commitment to its Public Sector Purchase Programme (PSPP). We forecast HICP and core...
USD: A more optimistic outlook
Jul 26, 2015 20:18 pm UTC| Commentary
The FOMC rate decision (Wednesday), first Q2 estimate of GDP (Thursday) and Employment Cost Index (Friday) are the main events for the week ahead. The FOMC statement should not present material changes, but risks are...
Rocky week for Canada as oil prices and loonie retreat
Jul 25, 2015 06:19 am UTC| Commentary Research & Analysis
A variety of factors conspired to take the price of WTI below US$50 per barrel this week for the first timesince March. When combined with last weeks Bank of Canada interest rate cut, this pushed the loonieunder 77 US...
Upcoming FOMC and GDP release in focus amid improving data
Jul 25, 2015 06:15 am UTC| Commentary Economy
International developments moved to the back seat this week, as the risks stemming from Greek debtcrisis and Chinas equity market eased off for now. However, renewed weakness in commodity sectorand concerns over corporate...
Global REITs offer investors global exposure
Jul 24, 2015 16:05 pm UTC| Commentary
The recent whirlwind of housing data released has given investors mixed feelings. Last week strong numbers from housing starts, up 9.8 percent, and building permits, up 7.4 percent, were released. On Wednesday existing...
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
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