Rise in German HICP inflation reflected higher energy and food inflation
Mar 30, 2015 13:51 pm UTC| Commentary
German HICP inflation rose from -0.1% to +0.1%, putting it back in positive territory after only two months below zero.No breakdown is published yet, but patchy information in the regional releases suggests that the rise...

US labor market to show further improvement in March
Mar 30, 2015 09:19 am UTC| Commentary
The Bureau of Labor Statistics (BLS) update on the employment situation is expected to show that labor market conditions improved further in March. A low level of persons filing initial claims for unemployment insurance...

US manufacturing ISM index to increase slightly
Mar 30, 2015 09:15 am UTC| Commentary
The US manufacturing ISM index is expected to show that manufacturing activity quickened very modestly in February. Roughly one point increase is expected in the index from 52.9 to 53.8. Data on manufacturing trends...

U.S. personal spending to post a modest gain
Mar 30, 2015 09:11 am UTC| Commentary
After two sequential declines, personal consumption expenditures likely increased by 0.3% mom in February.Societe Generale forecasts for a modest increase reflects a tug of war between disappointing retail activity during...

Norway retail sales stronger than expected
Mar 30, 2015 06:00 am UTC| Commentary
Retail sales came out stronger than expected at 0,9% m/m, s.a. Nordea was 0,6%, consensus was 0.5%.Retail sales dropped by 0,7% in January, but the drop is reversed with todays strong figure. Is does however not change the...
MXN between slower growth and the US Fed
Mar 30, 2015 05:53 am UTC| Commentary
The Mexican peso had a weak performance vs. the USD yesterday and ended the day losing over 1%. As expected, the central bank of Mexico (Banxico), kept unchanged the overnight rate at 3% but the communiqué that...
Strong HUF supported by current account improvement
Mar 30, 2015 05:50 am UTC| Commentary
EUR-HUF has declined sharply over the past week, hovering around the 300.00 level; this is despite a fresh rate easing cycle just started by the CenBank, which is set to continue.Part of the strength is due to capital...