Jun 15, 2015 15:00 pm UTC| Commentary
Western Union notes:Sterling hovered around the middle of its recent range against the dollar, with the U.K. currency certain to be impacted by local inflation and jobs data this week, and the outcome of a U.S. central...
Jun 15, 2015 14:59 pm UTC| Commentary
Western Union notes:The euro lost ground Monday due to Greeces inability over the weekend to reach a deal for money with its lenders.The euro continues to serve as a barometer of market confidence in Greece securing the...
Poland remains in deep deflation
Jun 15, 2015 14:28 pm UTC| Commentary
Poland inflation surprised on the low side in May, remaining deep in deflation. It was down -0.9% y/y, slightly higher than last months -1.1% y/y but lower than the consensus.The key reason was an unexpected, modest...
Unexpected weakness in manufacturing weighs on US industrial production
Jun 15, 2015 14:19 pm UTC| Commentary
US industrial production declined 0.2% m/m in May, coming in weaker than expected (consensus: 0.2%) as April data were also revised lower (-0.5%, initial: -0.3%). The unexpected weakness in May came from the manufacturing...
Canada's most expensive housing markets are becoming even pricier
Jun 15, 2015 14:12 pm UTC| Commentary
Canadian existing home sales accelerated in May, with sales up 3.1% from 2.3% in April. National home sales are now at their highest level in more than five years. Sales rose in 60% of local markets, led by the Greater...
Canadian manufacturing sales lose ground in April
Jun 15, 2015 14:08 pm UTC| Commentary
Manufacturing sales fell 2.1% (m/m) in April, the third decline in four months, and are now 7.3% below the post-recession peak reached in July 2014. Removing the effect of price changes, manufacturing shipments slipped by...
China’s Financial Reforms To Proceed; Renminbi Internationalization At Forefront
Jun 15, 2015 12:06 pm UTC| Commentary
Chinese authorities continue to press ahead with their complex structural reform agenda and the process will represent the most important economic trend for the regional outlook.Internationalization of the renminbi is at...
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