Euro-zone outperformance will be short-lived
May 06, 2015 16:34 pm UTC| Commentary
The euro-zone economy looks likely to have outgrown both those of the US and UK in the first quarter of the year, for the first time since Q1 2011. But the outperformance looks set to be short-lived.Not only are the...
Poland MPC confirms the end of monetary policy easing
May 06, 2015 16:33 pm UTC| Commentary
The Polish Monetary Policy Council decided to leave its benchmark reference rate at 1.5%, which is in line with market consensus. The councils rhetoric is unchanged. The MPC confirmed the end of the rate cut cycle and...
Few signs of election uncertainty undermining UK recovery
May 06, 2015 15:50 pm UTC| Commentary
UK business surveys suggest that Q1s 0.3% rise will be revised up and/or that quarterly growth will soon revert to rates of closer to 1%. Indeed, there are few signs that uncertainty about the result of Thursdays general...
May 06, 2015 14:42 pm UTC| Commentary
Evidence of Americas job market going in the wrong direction weighed heavier on the dollar which was near two-month lows against the euro, and its weakest since January versus its Canadian counterpart.ADP reported today...
May 06, 2015 14:40 pm UTC| Commentary
The loonie strengthened below C$1.20 as the U.S. dollar continued to slide, and oil held at elevated above $60. U.S. growth doubts are in focus, suggesting the Fed may hold off longer before boosting interest...
May 06, 2015 14:39 pm UTC| Commentary
A fresh spill for the U.S. currency and the Reserve Bank of Australias (RBAs) apparent shift to a neutral bias buoyed the Aussie dollar which scaled $0.8000 and wasnt far from recent January peaks.Australias central bank...
May 06, 2015 14:38 pm UTC| Commentary
Recent pressure on the pound abated thanks to surprise news of faster U.K. services growth last month.But support for the pound looked tentative at best on the eve of Britains crucial general election that looked set to...
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