Jun 18, 2015 05:38 am UTC| Commentary
UK sales have been volatile in recent months because of Easter. The retail surveys that provide with a guide report sales compared to a year earlier so suffer from the variable timing of Easter.The CBI survey showed an...
No policy change expected from BoJ's meeting
Jun 18, 2015 05:27 am UTC| Commentary
The Bank of Japans (BoJ) two-day monetary policy meeting to be held on 18-19 June, no policy change is expected at this meeting, therefore, the annual increase in asset purchases is likely to remain at JPY 80tn.The BoJ is...
Banxico board seems comfortable with its current stance
Jun 18, 2015 05:01 am UTC| Commentary
The Banco de Méxicos (Banxicos) board of governors releases the minutes of its early June monetary policy meeting on 18 June. The board left the policy rate unchanged at 3.0% in June, matching consensus...
Higher gas prices may have pushed up US CPI inflation
Jun 18, 2015 04:45 am UTC| Commentary
US May CPI data is expected to be released on Thursday (08:30 ET). Standard Chartered anticipate, a 0.5% m/m gain for a 0.0% y/y reading, mainly boosted by increased gas prices."The core reading up 0.1% m/m. and this would...
Daily Economic Outlook: 18th June, 2015
Jun 18, 2015 04:24 am UTC| Commentary
FOMC meeting will release US inflation data for May today. The data is expected to provide another key input into the policy debate. While a recovery in CPI inflation towards 2% over the medium term is expected by the...
UK average earnings index rises 2.7% in April
Jun 18, 2015 02:13 am UTC| Commentary
UK Average earnings data beat expectations with both key measures (including and excluding bonus) rising 2.7% 3m/y.As for the MPC minutes, members once again voted 9-0 to keep rates unchanged and with the Committee noting...
Canadian wholesale sales jump 1.9% in April
Jun 18, 2015 01:12 am UTC| Commentary
Canadian wholesale sales surprised to the upside, posting a 1.9% gain in April and an upward revision to 1.0% (from 0.8%) in March.Details show the auto/auto parts sector as by far the biggest driver of the gain, though...
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