UK construction output probably unchanged in Feb, industrial production probably increased slightly
Apr 09, 2015 18:04 pm UTC| Commentary
The volatile nature of UK construction output (09.30 BST) means that we could see a sharp rise in February after the fall in January. After all, the construction PMI has risen in the past couple of months.That said, it may...
Market expectations divided over the upcoming MAS policy meeting
Apr 09, 2015 17:50 pm UTC| Commentary
MAS is likely to ease monetary policy at the upcoming policy meeting on 14th April 2015 by re-centering the bands mid-point to below the prevailing level of S$NEER. Many market participants believe the MAS will instead...
ECB to downplay early taper talk
Apr 09, 2015 17:21 pm UTC| Commentary
The ECBs quantitative easing programme has got off to a solid start with the Bank buying the planned quantity of assets and financial markets responding positively.With the recovery seeming to gain pace, there has even...
A pre-emptive hike from Banxico can be ruled out for now
Apr 09, 2015 16:48 pm UTC| Commentary
Banxico today released the minutes of the March 26 meeting. The central bank decided to keep the reference rate unchanged at 3.00% in a unanimous vote. The board believes that the normalization of monetary policy in the US...
Strong reversal in perishable prices drives Mexico CPI higher
Apr 09, 2015 16:35 pm UTC| Commentary
Mexico CPI increased 0.41% m/m in March, driven mostly by a strong reversal in perishable prices, gasoline prices at the border and tourism services ahead of the Easter holiday. Core inflation was 0.26% m/m (Consensus:...
Apr 09, 2015 16:23 pm UTC| Commentary
Western Union:Better than expected news on Americas job market kept the door cracked to a midyear rate hike and buoyed the greenback.In a sign the U.S. economy was getting back on track, jobless claims rose by a smaller...
Apr 09, 2015 16:22 pm UTC| Commentary
Western Union:A near $1 uptick in oil to $51 lent a little support to the Canadian dollar though it was well off the late February high it had touched on Wednesday.On the eve of Canadas big jobs report, the economy let...
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