Greece to continue to pay back the IMF; progress on reforms still too limited
Mar 16, 2015 07:00 am UTC| Commentary
Having managed to pay back the 346m due to the IMF last Friday, Greece will again need to find funds in order to repay the IMF 577m due on Monday 16th and 346m on 20th March.On top of that, 1.6bns worth of T-bills expire...
Greece to continue to pay back the IMF; progress on reforms still too limited
Mar 16, 2015 07:00 am UTC| Commentary
Having managed to pay back the 346m due to the IMF last Friday, Greece will again need to find funds in order to repay the IMF 577m due on Monday 16th and 346m on 20th March.On top of that, 1.6bns worth of T-bills expire...
Germany's ZEW economic sentiment to keep rising
Mar 16, 2015 06:58 am UTC| Commentary
For a fifth straight month, the ZEW investor economic sentiment indicator is expected to rise strongly in March, to 59.4, on the positive winds blowing in Germany.This is turn is on the back of low oil prices, a weak euro...
Final February euro-area HICP inflation to confirm flash estimates at -0.3% yoy
Mar 16, 2015 06:53 am UTC| Commentary
Euro-area flash HICP inflation printed in negative territory at -0.3% yoy in February while the core component remained stable 0.6% yoy.Food, alcohol and tobacco rose from -0.1% yoy to 0.5% yoy, adding 12 bp to the...
U.S. residential building activity probably ebbed in February
Mar 16, 2015 06:50 am UTC| Commentary
Hampered by inclement weather conditions in the latter half of the month, the number of new housing units started probably fell by 1.4% to a seasonally adjusted annual rate of 1.05 million in February, marginally eclipsing...
U.S. industrial output likely stalled in February
Mar 16, 2015 06:46 am UTC| Commentary
A tug of war between a weather-induced jump in utilities generation and reduced manufacturing and mining activity probably left the Federal Reserve Boards industrial production gauge 0.1% lower in February, after a modest...
Fed's removal of ‘patient’ does not automatically mean a June rate hike likely
Mar 16, 2015 06:41 am UTC| Commentary
The FOMC meets on 17-18 March: the post-meeting statement and the updated projections will be released at 14:00 ET on 18 March and Chair Yellen will give a press conference at 14:30 ET.Standard Chartered notes its views as...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects