Mexico’s economic growth likely slowed a touch in Q1

May 20, 2015 16:58 pm UTC| Commentary

Mexicos activity data indicate that a contraction in the mining sector, coupled with a downturn in manufacturing on the back of weakness in the US, held back Mexicos economy in Q1 (14.00 BST).Capital Economics says - "GDP...

China’s flash manufacturing PMI could show renewed strength

May 20, 2015 16:46 pm UTC| Commentary

China activity data for April remained weak, suggesting that economic momentum has slowed further going into Q2. However, policymakers have already stepped up support and more measures likely to come over coming...

US oil production falls

May 20, 2015 15:59 pm UTC| Commentary

The EIAs weekly US Petroleum Report, released earlier today, shows the amount of crude oil in commercial storage tanks decreased by about 2.4 million barrels to 482.2 million. This was the third consecutive fall and was...

USD review

May 20, 2015 15:51 pm UTC| Commentary

Western Union:Caution ahead of the release of important minutes from the last Fed meeting caused the dollar to pare gains that earlier took it to three-week peaks against the euro and to two-month highs against the yen.At...

CAD review

May 20, 2015 15:51 pm UTC| Commentary

Western Union:The loonie firmed above its weakest level in nearly a month as Canadian data was largely in line with expectations and the greenback succumbed to a bout of profit-taking ahead of Fed minutes later...

JPY review

May 20, 2015 15:50 pm UTC| Commentary

Western Union:The worlds No. 3 economy grew at an annualized rate of 2.4% in the first quarter, the fastest in a year and the second quarter in a row of expansion.Nevertheless, the encouraging data wasnt enough to...

GBP review

May 20, 2015 15:50 pm UTC| Commentary

Western Union:A hawkish tinge to the latest Bank of England minutes helped sterling catch a modest bounce against the otherwise stronger greenback. All nine officials voted to keep U.K. rates parked at record lows of...