Precious metals prices holding up well
May 11, 2015 14:45 pm UTC| Commentary
Precious metals prices have been relatively stable in recent years, compared to other commodity sectors. Within the precious metal sector, silver has been by far the best performer this year.Dollar strength and Fed...
Daily Economic Outlook: May 11th 2015
May 11, 2015 04:56 am UTC| Commentary
Todays delayed BOEs MPC policy announcement (1100 GMT) follows the meeting of last week which, relative to its own usual timetable, was delayed by a day, providing the MPC with a helpful glimpse of the General Election...
German Q1 GDP growth expected to remain robust
May 11, 2015 01:07 am UTC| Commentary
In Q1, German GDP is expected to rise by 0.6% qoq, down from 0.7% in Q4 14, on the back of robust domestic demand.Private consumption should have seen another strong quarter while also construction investment is expected...
Euro area consumption-led recovery above potential growth
May 11, 2015 00:12 am UTC| Commentary
Euro area GDP is expected to grow by 0.5% qoq in Q1 2015. This would represent 1.9% qoq at annualised rate, significantly higher than euro area GDP potential (1.0%).This cyclical recovery would be boosted by a strong...
UK currency strength to be tested this week
May 10, 2015 23:41 pm UTC| Commentary
Focus will return to fundamentals this week after the UK general election delivered an unexpected majority Conservative government and the GBP appreciated strongly in response.While economic outperformance is expected to...
PPI and Current Account data in focus for the JPY
May 10, 2015 22:21 pm UTC| Commentary
April PPI (Friday) will provide the latest information on inflation dynamics in Japan. The PPI is expected to fall -2.0% y/y (consensus: -2.1% y/y), the first negative reading since March 2013.Such weakness on upstream...
Asian central banks - focus is again on trade-weighted exchange rate
May 10, 2015 21:53 pm UTC| Commentary
Central banks across Asia have raised concern over the past week about trade-weighted currency appreciation weighing on export competitiveness and leading to tighter monetary conditions domestically.This comes amid weak...
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