U.S. small business confidence takes a hit in March
Apr 14, 2015 17:35 pm UTC| Commentary
NFIBs small business optimism index unexpectedly declined in March, falling by 2.8 points to 95.2. The reading came in well below the median consensus forecast, which called for the index to remain unchanged on the...
Deceleration in Canadian home price growth takes a breather in March
Apr 14, 2015 17:25 pm UTC| Commentary
Teranet index of home prices for Canadas 11 largest cities grew by 4.7% year-over-year in March, accelerating from the 4.4% increase in February. This marks the first acceleration in home price growth in five months.Todays...
Monetary Authority of Singapore in wait-and-see mode
Apr 14, 2015 17:06 pm UTC| Commentary
Monetary Authority of Singapore keeps SGD NEER policy bands slope, width and centre unchanged, after easing in January.GDP growth surprised positively in Q1, and is likely to improve as the year progresses."We expect a...
US consumer spending should continue to rise in the months ahead
Apr 14, 2015 16:39 pm UTC| Commentary
Retail sales rose 0.9% (month-over-month) in March, falling slightly short of the 1.1% gain expected by the market. Februarys decline was revised up ever so slightly to -0.5% (from -0.6% reported previously)."Todays retail...
Apr 14, 2015 16:23 pm UTC| Commentary
Slightly below forecast U.S. retail sales proved a mild catalyst for the U.S. dollar to pare recent gains. Sales rose 0.9% in March, the strongest in a year that put a halt to three straight months of declines.Core...
Apr 14, 2015 16:23 pm UTC| Commentary
A steady loonie kept toward the middle of its recent range against the greenback, with its upside capped by expectations for the Fed to boost rates but its downside limited by lower odds of a Bank of Canada rate cut in the...
Apr 14, 2015 16:22 pm UTC| Commentary
The Aussie dollar remained below $0.7600 and thus in close proximity of $0.7530, the six-year low it hit in early April. The Aussie started the week with a drubbing after grim news on China trade cast negative ripple waves...
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