Canada’s housing market stable outlook for now
Jun 15, 2015 17:40 pm UTC| Commentary
Canadas housing sector continues to show considerable resilience, providing an important pillar of support for the economy at a time when the much-anticipated rotation from household demand to export- and investment-led...
Turkey: A more uncertain outlook
Jun 15, 2015 17:20 pm UTC| Commentary
Both manufacturing PMI lead indicators and consensus forecasts point to a protracted slowdown in growth of overall economic activity in Turkey. Moreover, we expect political jostling within a coalition government (or a...
Risk of a credit crisis in auto lending and the broader U.S. financial market remains low
Jun 15, 2015 16:51 pm UTC| Commentary
The auto market in the U.S. has roared back to life since the Great Recession. At 16.4 million units, the final 2014 new car sales tally marked the highest level seen since 2006. The momentum has continued into 2015, with...
USD should rally through at least the first few Fed hikes
Jun 15, 2015 16:26 pm UTC| Commentary
The USD Index has been moving sideways, as German rates are leading the global bond market sell-off. However, with Treasuries expected to start driving global rate moves sometime this summer, the dollar should resume its...
Impact on G10 currencies in the face of higher global inflation
Jun 15, 2015 15:23 pm UTC| Commentary
Soc Gen economics expects the upswing in global inflation we have seen in recent months to persist. A turn higher in inflation will not affect all countries equally, and will consequently have different impacts on...
Jun 15, 2015 15:02 pm UTC| Commentary
Western Union notes:The dollar cut session gains after a key Fed survey showed the Empire State index contracted for the second time in three months, falling to -2 in June from +3.1 in May. That was the weakest reading in...
Jun 15, 2015 15:01 pm UTC| Commentary
Western Union notes:A firmer greenback and oil south of $60 weighed on the loonie which fell to its most affordable level in a week for CAD buyers. Disappointing manufacturing data from both sides of the border largely...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects