Mar 11, 2015 17:41 pm UTC| Commentary
UK budget comes on 18 March, less than two months before the 7 May General Election.UK Chancellor will likely stress the progress made in cutting the deficit and find room for a few crowd-pleasers.Societe Generale notes in...

US economic newsflow consistent with Fed rate hike in June
Mar 11, 2015 17:30 pm UTC| Commentary
Ms Yellen has made it clear that the Feds decision to start a new rate hike cycle will be data dependent.To get the timing right, a crucial question is whether US economic momentum remains convincingly strong.Societe...
China’s slowdown threatens to undermine global growth
Mar 11, 2015 17:20 pm UTC| Commentary
Chinas latest economic data is not good. Industrial production increased at its slowest pace since 2008, rising 6.8 percent in the first two months of the year compared with a year ago.Retail sales also slowed, increasing...
Mar 11, 2015 16:33 pm UTC| Commentary
Western Union notes in a report on Wednesday: The dollar flew at new multiyear highs as better jobs data kept a brighter spotlight on the Fed who mulls a policy decision next week. But with the dollar continuing to pour...
Mar 11, 2015 16:32 pm UTC| Commentary
Western Union notes in a report on Wednesday: Greenback strength and expectations for a soggy local jobs report Friday weighed on the loonie which hit five-week lows around C$1.27, putting it at risk of returning to...
Mar 11, 2015 16:30 pm UTC| Commentary
Western Union notes in a report on Wednesday: A big move for the Aussie dollar knocked it to fresh six-year lows against the greenback. China let loose weaker than expected data on factory growth and retail sales. News...
Mar 11, 2015 16:29 pm UTC| Commentary
Western Union notes in a report on Wednesday: A mixed U.K. pound held near seven-year peaks versus the euro but also around early February lows against the greenback. Sterling sentiment has turned increasingly...