Korea's growth and inflation worrisome, BOK to maintain accommodative policy
Mar 27, 2015 05:59 am UTC| Commentary
Koreas headline CPI has undershot the BoKs forecast range since 2012. More recently, BoK shifted its target from 2.5% over the past two years to 1.9% for 2015. However, CPI inflationcontinues to surprise to the downside of...
Short GBP on political risks: RBC Capital Markets
Mar 27, 2015 05:48 am UTC| Commentary
Having been caught in the crossfire of EUR and USD for most of 2015, GBP is finally weakening independently.The disappointing economic data also reflects a rising political risk premium as the outcome ofthe election - now...
Daily Economic Outlook: Lloyds Bank
Mar 27, 2015 05:28 am UTC| Commentary
The days slew of central bank speakers is likely to provide the key focus. Domestically, following last weeks speech from BoE Chief Economist Andy Haldane articulating the insurance case for the easing of monetary policy,...
The Global Week Ahead: Scotiabank
Mar 27, 2015 05:24 am UTC| Commentary
The next weeks economic risk dashboard includes:US nonfarm payrolls...liquidity constrained Good FridayOther US macro risksFOMC speakCanadian GDPEurozone CPIEurozone consumer spendingChinas state PMIUK PMIUK Party Leaders...
Consumer spending in UK back on track after a weak start
Mar 26, 2015 18:45 pm UTC| Commentary
Februarys retail sales figures in UK suggested that the recovery in spending has got back on track after a weak start to the year. (Data released on Thursday.)Volumes rose by 0.7% on the month and annual growth was a very...
Oil prices spike on fears of disruption to supplies
Mar 26, 2015 18:40 pm UTC| Commentary
The recent developments in Yemen have caused oil prices to jump on fears of disruption to supplies. However the impact on production should be minimal and even in the unlikely event of transport routes being affected, it...
Growth in M1 money supply suggests euro-area GDP growth around 0.7% q/q mid-2015
Mar 26, 2015 18:23 pm UTC| Commentary
Euro-area M3 money supply increased 4.0% y/y in Feb after rising 3.7% y/y in Jan (revised down from 4.1% y/y). This is the highest rate of increase since April 2009.Growth in M1 money supply was also higher at 9.1% y/y in...
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