U.S. employment healthy enough to assuage fears that an abrupt slowdown
May 08, 2015 14:09 pm UTC| Commentary
Non-farm payrolls increased by 223k in April, just shy of expectations for a 228k gain. However, revisions to the previous two months subtracted 39k from the tally. The report was more or less a goldilocks one, healthy...
US employment report better, but not great
May 08, 2015 13:19 pm UTC| Commentary
Although non-farm payrolls increased by a relatively healthy 223,000 and the unemployment rate edged down to a seven year low of 5.4%, Aprils employment report was otherwise something of a mixed bag. All things considered,...
Canadian homebuilding at a more normal level after wild weather-related swings in recent months
May 08, 2015 12:49 pm UTC| Commentary
Canadian housing starts slipped to 181,800 annualized units in April, somewhat below expectations, and the prior month was revised down a touch to 189,500 (from 189,700).Overall, this marks a more normal level of...
Bank Negara Malaysia keeps rates unchanged
May 08, 2015 02:58 am UTC| Commentary
Bank Negara kept its policy rates unchanged at 3.25% at its 7 May monetary policy meeting. The central bank remains comfortable with its policy stance, despite the recent volatility in the currency and the negative terms...
South Africa Q2 activity off to a choppy start
May 08, 2015 02:43 am UTC| Commentary
In South Africa, the early Q2 activity prints, ie, the April PMIs and car sales data, released this week were rather mixed, pointing to a broadly choppy start to the second quarter.The manufacturing PMI printed in...
Brazil Copom minutes: The mindset of another hike
May 08, 2015 01:22 am UTC| Commentary
The Copom April meeting minutes released earlier today brought a more hawkish message than expected, which means the Copom is likely to hike the Selic rate in the next meeting by 25bp.The Copom would bring a fairly...
A firm rebound expected in US payrolls
May 07, 2015 23:18 pm UTC| Commentary
In tonights report, the economists look for a firm rebound in US payrolls, back above the 200K threshold.Another tick lower in the unemployment rate to 5.4% from 5.5% is seen. March was not the cleanest of employment...
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