Hong Kong GDP growth likely to have slowed again in Q4 14: Capital Economics
Feb 24, 2015 19:46 pm UTC| Commentary
Quotes from Capital Economics:- GDP growth in Hong Kong, which rebounded in Q3 after a very weak first half, is likely to have slowed again in the final quarter of 2014. We have pencilled in 2.2% y/y.- There has been...
China's headline manufacturing PMI index likely to fall to 49.4 from 49.7 in Jan: Capital Economics
Feb 24, 2015 19:39 pm UTC| Commentary
Quotes from Capital Economics:- Like all Chinese data in the first quarter of the year, flash manufacturing PMI (01.45 GMT) figures will be affected by distortions related to the shift in timing of Lunar New Year.- But...
Greece deal is just a stop-gap arrangement: Capital Economics
Feb 24, 2015 19:31 pm UTC| Commentary
Quotes from Capital Economics:- Tuesdays endorsement of Greeces draft reform list from Troika is a relief and reduces the immediate risk of a "Grexit". But Greece is certainly not out of the woods. Negotiations over the...
Yellen’s testimony suggests a June rate hike is on the cards: Capital Economics
Feb 24, 2015 19:22 pm UTC| Commentary
Quotes from Capital Economics:- Chair Janet Yellens prepared congressional testimony on Tuesday suggests that the Fed is on course to begin raising its policy rate at the June FOMC meeting. She noted that "considerable...
Expect a broadly stronger USD over the coming 3-6 months: Danske Bank
Feb 24, 2015 18:45 pm UTC| Commentary
Quotes from Danske Bank:- Yellens testimony and our view that the Fed will begin lift-off in June supports our call of a broadly stronger USD over the coming 3-6 months.- In our view, the USD should strengthen as long as...
Feb 24, 2015 18:37 pm UTC| Commentary
Quotes from Danske Bank:- Overall this was quite a neutral statement by Janet Yellen in her semi-annual testimony to Congress. She does not give too much away in terms of what has to be in place for lift-off.- We expect...
Fed will likely make a shift to data dependency at the March meeting: Societe Generale
Feb 24, 2015 18:29 pm UTC| Commentary
Quotes from Societe Generale:- Chair Yellen offered few clues today as to the timing of the lift-off in rates. But her speech suggests that the FOMC is very close to removing the "patient" language from its policy...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
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Labour can afford to be far more ambitious with its economic policies – voters are on board
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