BoF business sentiment to recover in March

Apr 09, 2015 05:53 am UTC| Commentary

French business confidence is expected to reach level above historical average from H2 15, when all the positives, including tax cuts, will start to have a significant impact.The BoF Business Sentiment Indicator for the...

German exports still struggling on the back of weak Chinese data

Apr 09, 2015 05:48 am UTC| Commentary

While the German trade data remains suppressed, temporary weakness in China linked to the New Year has probably distorted data to some extent. Exports in Q1 looks set to be much weaker than what could have been expected in...

Better outlook for Germany but still slow pace of industrial activity in February

Apr 09, 2015 05:44 am UTC| Commentary

Despite improving signs of economic activity in Germany, the industrial production is expected to have fallen in Feb.The manufacturing PMI has picked up in March but remained relatively sluggish before that with the ratio...

Greece – Waiting for the Eurogroup

Apr 09, 2015 05:39 am UTC| Commentary

Markets participants will once again pay their attention to Greece. Firstly, with the Greek government said as running out of funds, the IMF loan repayment of 460m will be closely monitored on 9 April. PM Tsipras indicated...

Lower risk of another BOK cut in the near term

Apr 09, 2015 04:16 am UTC| Commentary

The Bank of Korea remained on hold at its April policy meeting in line with expectations, after cutting its policy rate 25bp, to 1.75%, on 12 March (the third cut since August 2014 and the sixth since the easing cycle...

Daily Economic Outlook- 09 April, 2015

Apr 09, 2015 04:12 am UTC| Commentary

The Bank of Englands April MPC meeting (1100 GMT) is likely to bring no surprises. Although the possibility of a rate cut - to counter the risk of a prolonged period of deflation - was recently mooted by the Chief...

Fed data dependence reigns

Apr 09, 2015 02:13 am UTC| Commentary

March FOMC Minutes offered little new information for FX, consistent with the muted post-release price action. With the unanimous exclusion of the "patient" language, discussion of a June hike was not a surprise, but in...