May 07, 2015 15:03 pm UTC| Commentary
The dollar rebounded from 10-week low against the euro after the latest jobless claims fared better than expected and suggested the labor market was holding up solidly in the face of an otherwise sluggish economy.Jobless...
May 07, 2015 15:02 pm UTC| Commentary
A volatile loonie was back near C$1.21 after strengthening below C$1.20 on Wednesday to 3 ½ month peaks. Oil softened below fresh peaks for the year which took some air out of the loonies sails.Meanwhile, good news...
May 07, 2015 15:01 pm UTC| Commentary
The Aussie dollar lost a little ground after weaker than expected local jobs data suggested a rate cut may still be on the table. Australia unexpectedly shed 2,900 jobs in April which caused unemployment to rise a notch to...
May 07, 2015 15:00 pm UTC| Commentary
And the winner of the U.K. election so far is: uncertainty. Todays much anticipated vote is considered the closest contest in decades. Incumbent David Camerons Conservative Party is seen in a footrace with Ed Milibands...
May 07, 2015 15:00 pm UTC| Commentary
The euro backpedaled from 10-week highs near $1.14 against the greenback. But underlying sentiment remained fragile, highlighted by the smaller than expected improvement in German industrial orders which underwhelmed with...
US April payrolls likely rebounding to 245,000
May 06, 2015 22:23 pm UTC| Commentary
The March deceleration in US non-farm payrolls (NFP) to 126,000 was a blip and look for a rebound to 245,000 in April (Friday, 08:30 ET), higher than the consensus view of 230,000.This would be consistent with indicators...
Germany's industrial production likely ticked up in March
May 06, 2015 21:59 pm UTC| Commentary
Germanys March industrial production (IP) is expected to have risen by 0.3% on a monthly basis (0.5% y/y), from 0.2% prior.IP has been weak since June 2014, mostly reflecting uncertainty from adverse geopolitical...
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