Daily Economic Outlook: 16 April, 2015
Apr 16, 2015 04:10 am UTC| Commentary
A steady run of softer-then-expected US data so far during Q1 suggest that US GDP growth is set to slow to around 1.2% (saar) over the quarter compared to 2.2% in Q4. However, the extent to which this reflects the...
Apr 16, 2015 02:26 am UTC| Commentary
The US data was mixed with March industrial production (-0.6% vs est. -0.3%) and the Empire manufacturing survey (-1.19 vs est. 7.17) both slipping more than anticipated, while homebuilder confidence and the Feds Beige...
Sharper slowdown in China's domestic demand
Apr 16, 2015 01:46 am UTC| Commentary
Real GDP growth slowed as much as was expected, from 7.3% yoy in Q4 2014 to 7% yoy in Q1. In qoq terms, after the governments seasonal adjustments, the growth rate fell for the third quarter in a row, to 1.3% (5.3%...
Australia's March employment report today
Apr 16, 2015 01:08 am UTC| Commentary
The March employment report today is the Australian highlight of the week. RBC forecasts a below consensus print of 0k for the number of job additions (cons: 15k), and for the u-rate to tick higher to 6.4% (cons:...
Hungary's deflation decreased in March
Apr 16, 2015 00:47 am UTC| Commentary
As in the rest of the region, prices went up (by 0.6%) in mom terms, mainly due to higher fuel prices.According to the Hungarian Central Banks latest report on inflation, inflation will remain negative in the first half of...
Czech year-on-year inflation slightly increased
Apr 16, 2015 00:15 am UTC| Commentary
The Czech Central Banks most recent forecast saw inflation at 0.1% yoy in March. Thus, with actual inflation still above the central banks forecast, there is no reason to adjust upward the current EUR/CZK floor (set at...
Poland will probably exit deflation this year
Apr 15, 2015 23:41 pm UTC| Commentary
Although a stronger PLN may extend the period of deflation, a turning point has been reached in the deflationary cycle that began in August 2014.The CPI bottomed out in February, and after increasing in March, and it will...
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