Stubborn UK inflation should temper deflation concerns

Apr 08, 2015 16:07 pm UTC| Commentary

The fall in UK inflation to zero shouldnt mask the fact that its 7-year average since the start of the crisis has been 2.6%Stubborn inflation in the face of a Great Recession should temper deflation concerns and there are...

USD review

Apr 08, 2015 15:54 pm UTC| Commentary

Western Union:Three weeks later and the mere mention of the last Fed meeting still makes dollar bulls a bit anxious. The dollar pared some of its weekly advance in case todays 2 p.m. ET Fed minutes play up recent concerns...

CAD review

Apr 08, 2015 15:53 pm UTC| Commentary

Western Union:USD/CAD tipped below C$1.24 in overnight trade, its weakest level since late February. This is a great level to share with Canadian importers who have been saddled with higher costs due to broad based U.S....

CHF review

Apr 08, 2015 15:52 pm UTC| Commentary

Western Union:Greenback weakness helped the Swiss franc outperform but weaker inflation figures from Switzerland today suggest the central bank may soon need to return to a weak franc policy.Consumer prices in Switzerland...

EUR review

Apr 08, 2015 15:51 pm UTC| Commentary

Western Union:The euro pared its decline on the week against the greenback on caution ahead of todays Fed minutes that might offer guidance on the outlook for U.S. interest rates.Recent reports from the euro zone have...

JPY review

Apr 08, 2015 15:51 pm UTC| Commentary

Western Union:The yen recovered from multi-week lows after the Bank of Japan opted against adding to its already robust monetary stimulus program. But dont expect a meaningful bounce for the yen with Japanese policymakers...

Advanced economies likely to lead pick up in global growth

Apr 08, 2015 13:21 pm UTC| Commentary

The global economy is evolving largely as expected. With little impetus from emerging markets, the bulk of the acceleration in growth this year is expected to come from advanced economies.Weaker euro, lower oil prices and...