Dutch economic recovery will remain sluggish over the next couple of years
Apr 16, 2015 15:41 pm UTC| Commentary
After falling sharply in 2012 and 2013, household spending has now grown for three consecutive quarters. This turnaround reflects the recovery in consumer confidence as conditions in both the labour and housing markets...
US housing activity should continue to improve in the months ahead
Apr 16, 2015 14:28 pm UTC| Commentary
U.S. housing starts rose just 2.0% in March to a 2-month high of 926,000 units annualized, or 2.5% below a year ago, well below the expected double-digit rebound.At least there was some better news beneath the surface. All...
US housing starts disappoint again in March
Apr 16, 2015 14:18 pm UTC| Commentary
U.S. housing starts came in at 926 thousand units (annualized) in March, falling well short of market expectations for 1.040 million units. This represents only a 2.0% M/M gain relative to a disappointing 908k starts in...
ECB likely to extend easing beyond 2016
Apr 16, 2015 06:55 am UTC| Commentary
We would need to see a marked and sustainable improvement in economic activity, the labor market, core inflation and inflation expectations before the ECB would consider stopping QE. That said, the ECB might be tempted to...
Chile to grow below trend in 2015
Apr 16, 2015 06:51 am UTC| Commentary
The Q4 growth composition, renewed weakness in trade data and the continued downward pressure on commodity prices suggest that the Chile is in no better shape than it was a few months ago.According to Societe Generale, the...
Poland will probably exit deflation this year
Apr 16, 2015 04:25 am UTC| Commentary
Although a stronger PLN may extend the period of deflation, analysts believe that a turning point has been reached in the deflationary cycle that began in August 2014."The CPI is likely bottomed out in February, and after...
Renewed policy easing from PBOC likely on the way
Apr 16, 2015 04:16 am UTC| Commentary
Disappointing economic data recently may trigger more policy reaction. Real activity data has mostly fallen short of expectations; in addition, trade and monetary data has al o underwhelmed. In a seminar held yesterday,...
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