Apr 09, 2015 16:21 pm UTC| Commentary
Western Union:Australias juicy 2.25% yield - second best in the developed world after New Zealands 3.50% - helped the Aussie dollar notch 10-day highs against its otherwise stronger U.S. counterpart.Though comfortably...
Apr 09, 2015 16:21 pm UTC| Commentary
Western Union:Sterling had been buoyed this week by MA news related to Shells deal to buy U.K. rival BG Group for $70 billion. But Britains biggest trade deficit in seven months had the pound back under pressure as it...
Apr 09, 2015 16:20 pm UTC| Commentary
Western Union:The euro fell to one-week lows below $1.08, a descent that was partially slowed by recovery-supportive data from Germany and word from Greece that it would make good on an obligation to repay the IMF around...
Rising inflation to strengthen argument for Norges Bank rate cut in June
Apr 09, 2015 16:13 pm UTC| Commentary
Norges Bank was very clear that rates were to be lowered once in Q2, but said it was as likely to happen in May as in June.The March inflation figure will be the last inflation figure before the May meeting and running...
China's money and credit growth to soften
Apr 09, 2015 06:10 am UTC| Commentary
It has been difficult to forecast Chinas money growth since September 2014 when the banking regulator announced it would impose punitive measures on large volatility in banks deposits. Chinese banks then started to behave...
China CPI to inch up but PPI to fall further
Apr 09, 2015 06:07 am UTC| Commentary
Chinas CPI to inch higher to 1.5% yoy in March from 1.4% yoy in February, says Societe Generale. This implies a normal seasonal pattern of a -0.4% mom rate. Specifically, food inflation likely reversed three-quarters of...
Mexico's inflation to stay near Banxico’s target in the near to medium term
Apr 09, 2015 06:04 am UTC| Commentary
Post the sharp decline in inflation in January due to the end of long-distance telephone charges and price falls in several services categories (although some of the decline can be attributed to the base effect), Mexicos...
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