Canadian economy surprises with a big job gain in March
Apr 10, 2015 14:32 pm UTC| Commentary
The Canadian economy defied expectations for weakness, and churned out 29K net new jobs in March. Similar gains in the labour force left the unemployment rate unchanged at 6.8%.The devil was in the details though, as...
Apr 10, 2015 14:24 pm UTC| Commentary
Danske Bank:Next week China is due to publish Q1 GDP. We expect the release to show that Chinas 7% growth for this year is already challenged.We expect no change or new signals on policy but we look for a dovish stance...
Canadian housing starts bounce back in March, but still trending lower
Apr 10, 2015 14:22 pm UTC| Commentary
Canadian housing starts rebounded in March, surging 25.4% (M/M) to 189,708 units (SAAR) - coming ahead of market expectations. The March advance more than offsets the downwardly revised 19.1% drop recorded in February that...
French stocks to benefit from improving momentum in France
Apr 10, 2015 14:14 pm UTC| Commentary
Societe Generale suggests keeping strong exposure to French stocks. The French government is in the process of implementing a set of reforms involving public spending controls and corporate tax cuts, about which the Street...
Strong decline in construction activities drags down Mexican IP
Apr 10, 2015 14:06 pm UTC| Commentary
Mexico industrial production increased 0.2% m/m sa in Feb, owing to a strong decline in construction activities (-2.2%), partially compensated by a positive performance in manufacturing (1.0%) and mining (1.5), as oil...
Rouble weakness set to return soon
Apr 10, 2015 07:05 am UTC| Commentary
The overall recovery in the rouble since the start of the year is mostly a result of a stabilization in global oil prices. However, the acceleration in the rate of rouble appreciation over the past couple of weeks cannot...
UK manufacturing and construction output both to rise
Apr 10, 2015 07:00 am UTC| Commentary
UK Manufacturing output has been highly erratic on a month to month basis with a fall of 0.5% mom in January after increases of 0.8% in November but only 0.1% in December."Both the PMI and CBI manufacturing surveys point...
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