Underlying trend in U.S. core orders and shipments point to stronger activity ahead

Jun 23, 2015 14:21 pm UTC| Commentary

U.S. durable goods orders were weak in May, with the 1.8% drop worse than what consensus was calling for. There was a large drop in Boeings orders for the month, which had a decidedly negative impact on the headline...

Barclays cuts US Q2 GDP tracking estimate following May durable goods orders

Jun 23, 2015 14:13 pm UTC| Commentary

Durable goods orders fell 1.8% m/m in May, coming in below consensus expectations (-1.0%) as a sequential decline in nondefense aircraft orders dragged the headline orders series lower. Nondefense aircraft orders declined...

Riksbank remains under pressure

Jun 23, 2015 11:33 am UTC| Commentary

There are indications that the Riksbank remains under pressure to meet its 2% inflation target. A dominating theme for the upcoming round of pay talks seems to be to safeguard the competitiveness of the Swedish corporate...

German composite PMI came in stronger rebounding to 54.0 in June

Jun 23, 2015 11:09 am UTC| Commentary

Both the manufacturing output and services headline index surprised to the upside, bouncing back to 53.5 and 54.2 respectively.However, details paint a less upbeat picture, especially in the services sector where new...

German composite PMI came in stronger rebounding to 54.0 in

Jun 23, 2015 11:09 am UTC| Commentary

Both the manufacturing output and services headline index surprised to the upside, bouncing back to 53.5 and 54.2 respectively.However, details paint a less upbeat picture, especially in the services sector where new...

China's June Flash HSBC/Markit manufacturing sees further job losses

Jun 23, 2015 10:18 am UTC| Commentary

The Chinese Flash HSBC/Markit manufacturing PMI for June was slightly better than expected at 49.6. It remains in contraction territory however for the 4th consecutive month for six out of the past seven months, apart from...

Euro area June Flash PMIs end Q2 on a strong note

Jun 23, 2015 10:17 am UTC| Commentary

Euro area "flash" composite PMIs came in stronger in June, edging up to 54.1 (+0.5 point), the highest print in four years.The 0.8 point to 54.4, a 49 month high rise was driven primarily by the unexpected improvement in...