BoE likely to keep the bank rate unchanged
May 06, 2015 21:46 pm UTC| Commentary
The Bank of England (BoE) is expected to keep the bank rate at 0.5% at its meeting on 11 May. Headline CPI inflation remained flat at 0.0% in March, a historic low.Core CPI eased further, to 1.0% y/y, primarily reflecting...
China April trade data probably will show a modest export recovery
May 06, 2015 21:37 pm UTC| Commentary
China will release April trade data on 8 May. The holiday distortion should be removed, and expect exports to have increased 3.5% y/y, versus a 15.0% contraction in March.This will still be below the 4.6% average in Q1,...
Australia's April employment data are out today
May 06, 2015 21:31 pm UTC| Commentary
Australias employment data are out today. Recent employment gains have been far beyond what leading indicators and an economy still growing below potential would suggest.As such, a correction is expected in Aprils numbers...
US productivity growth little changed at –1.9% in Q1
May 06, 2015 20:41 pm UTC| Commentary
United States productivity growth little changed at -1.9% in Q1 from -2.1% in Q4, the first back to back declines since 2006, reflecting the stalled economy but ongoing jobs growth (whereas Q4s fall reflected faster hiring...
Euroland retail sales fell 0.8% in March
May 06, 2015 20:37 pm UTC| Commentary
Euroland retail sales fell 0.8% in March, their first fall since September. Annual growth of 1.6% yr is the slowest since November, but in the seven years prior, that 1.7% yr growth pace has only been surpassed once (June...
US ADP private payrolls grew 169k in the April
May 06, 2015 20:31 pm UTC| Commentary
United States ADP private payrolls grew just 169k in the April. With March revised down by 6k to 175k, the latest gains are the first...
Greece running out of runway to pay upcoming debt obligations
May 06, 2015 18:29 pm UTC| Commentary
The Greek bailout saga has continued to make headlines over the past few weeks, contributing to heightened market volatility. Greece has several upcoming debt payments, including very significant ones to the ECB in July...
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