Euro area March CPI data likely to ease concerns of sustained deflation
Mar 27, 2015 18:05 pm UTC| Commentary
The coming weeks flash estimate for March consumer price inflation in the euro area may help to further ease concerns about the risk of sustained deflation.The headline annual rate is expected to rise modestly to -0.2%...
US payrolls expected to post another strong rise in March
Mar 27, 2015 17:52 pm UTC| Commentary
US payrolls report (Fri) will be the key focus. Indeed the Feds assertion that it wants to see further labour market "improvement" before it raises interest rates emphasises its importance. In contrast to most other...
Mixed messages for EUR/USD and EUR/GBP: BofA Merrill Lynch
Mar 27, 2015 17:43 pm UTC| Commentary
In both instances, the trends for EUR/USD and EUR/GBP remain lower. However, in the very near term, the messages are diverging.EUR/USD risks a squeeze higher to 1.1211, potentially 1.1389, while EUR/GBP looks to be topping...
Mar 27, 2015 16:00 pm UTC| Commentary
The sharp price moves in EUR/USD in recent weeks are extraordinary for such a liquid currency pair. We argue that despite the sharp correction higher, the downtrend in EUR/USD remains intact. That said, our house view...
Week Ahead 28 March-10 April 2015: Nordea Research
Mar 27, 2015 15:53 pm UTC| Commentary
US data will be very much in focus next week: 28 March-10 April 2015We expect the ISM manufacturing index to fall, reflecting that the factory sector has lost momentum in early 2015.Our forecast for nonfarm payrolls (on...
Confidence rising among euro-zone consumers
Mar 27, 2015 15:45 pm UTC| Commentary
Buoyed by falling unemployment, rising equity prices and a boost to their spending power from a lower oil price, euro-zone consumers have become increasingly confident, with the ECs measure of consumer sentiment rising in...
US labour market to see healthy gains despite weaker GDP growth
Mar 27, 2015 15:38 pm UTC| Commentary
US Labour Market is likely to see healthy job gains despite weaker GDP growth. Wage inflation is still subdued and is expected to see a pick-up soon, as the labour market improvement advances.At the March FOMC meeting, Fed...
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