GBP review

Apr 17, 2015 16:12 pm UTC| Commentary

The lowest U.K. unemployment in years had sterling poised for a near 3% advance on the week, its best in 5 ½ years. Britains jobless rate ticked down to 5.6% in the three months to February, the lowest since July...

EUR review

Apr 17, 2015 16:11 pm UTC| Commentary

With the U.S. dollar bandwagon losing passengers, the euro was poised for its best weekly gain in a month and perched at its highest level in more than a week.The market has seemingly cast aside for now growing fears of a...

Market movers ahead

Apr 17, 2015 16:00 pm UTC| Commentary

Danske Bank Markets:In the US, we expect a rebound in key non-defence durable goods orders ex. aircraft. US Markit PMI remains at an elevated level and we expect a correction.Euro area PMIs are expected to increase...

US March inflation report shows broadly based price increases

Apr 17, 2015 15:38 pm UTC| Commentary

U.S. CPI inflation rose for the second month running in March as the drag from energy prices faded and core inflation was also solid. Headline CPI increased by 0.2% m/m in seasonally adjusted terms, slightly below...

Price pressures in Canada are likely to ebb as slower economic growth takes a toll on pricing power

Apr 17, 2015 15:05 pm UTC| Commentary

Total CPI inflation clocked in at just 1.2%y/y in March. Lower gasoline prices have had the largest dampening impact on inflation over the past year, posting a 19.2% decline since March 2014. The Bank of Canadas core...

Upbeat consumer confidence suggests U.S. consumption growth will rebound in Q2

Apr 17, 2015 14:58 pm UTC| Commentary

The rebound in the University of Michigan consumer confidence index in April which, aside from this Jans reading, left it at its highest level since 2007, suggests that consumption growth will rebound in the second...

US CPI data showed evidence of broadening price pressures

Apr 17, 2015 14:37 pm UTC| Commentary

US consumer prices rose 0.2% (m/m) in March, below expectations for 0.3%. Core CPI (excluding food and energy) was also up 0.2%, on par with the consensus call. Core goods accelerated for the second straight month, rising...