
The Westpac–Melbourne Institute Index of Consumer Sentiment declines in March
Mar 11, 2015 02:56 am UTC| Commentary
The Westpac-Melbourne Institute Index of Consumer Sentiment declined by 1.2% in March from 100.7 in February to 99.5 in March.Some softening in sentiment was always likely in March given the big lift last month following...
USD rallies to multiyear peaks againsts EUR, JPY as central banks moves eyed
Mar 10, 2015 20:46 pm UTC| Commentary
The dollar index, which measures the greenback against a basket of major currencies, hit its highest since September 2003 EUR/USD falls below $1.07 for first time in nearly 12 years USD hits nearly 8-year peak against...
UK Jan industrial production figures may disappoint
Mar 10, 2015 18:29 pm UTC| Commentary
While lower oil prices should help to revive the manufacturing sector this year, Jans figures may disappoint. Industrial production (09.30 GMT) fell by a monthly 0.2% in Dec.This was partly due to a decline in mining and...
Brokerage market turmoil adds volatility to HUF asset prices
Mar 10, 2015 18:19 pm UTC| Commentary
The National Bank of Hungary (NBH) today offered more details about losses discovered at three local brokers. The total amount of potential losses exceeds HUF 315bn, which is equivalent to EUR 1.0bn or 1% of GDP.UniCredit...

US oil production to peak in the middle of this year
Mar 10, 2015 17:46 pm UTC| Commentary
The sharp fall in the number of rigs drilling for oil in the US has been the focus of many headlines over the last few weeks amid speculation about what fewer rigs means for US shale oil production.Indeed, US shale oil...
Mar 10, 2015 17:35 pm UTC| Commentary
Western Union notes in a report on Tuesday: The U.S. dollar marched to new 11-year highs against a currency basket, still basking in the afterglow of last weeks strong employment report. The next key tests of the...
Mar 10, 2015 17:34 pm UTC| Commentary
Western Union notes in a report on Tuesday: The loonies decline to near one-month lows had it in closer proximity of the six-year lows it plumbed in late January above C$1.27. Canadas monthly jobs report looms at the...