UK Headline Inflation Slightly Weaker Than Market Expectations - TDS Research Team at TDS, notes that the UK February CPI release was in line with their expectations. Key Quotes “As the headline came in slightly weaker than the market expected, remaining unchanged at 0...
RBA More Cautious About Talking Down the AUD – MUFG Lee Hardman, Currency Analyst at MUFG, suggests that the weakening global growth outlook and likelihood that China’s economy will continue to slow in the coming years does not appear to provide strong foundations for a sustainable and broad-base...
German IFO Surprises in March - ING Carsten Brzeski, Research Analyst at ING, suggests that what initially was supposed to be a big day of German economic sentiment data, with releases of the three most prominent confidence indicators on one morning, has all of a sudden and tragically become a sa...
Fitch: China Banks' Profitability Pressures to Continue in 2016 Major Chinese banks' results for 2015, which are due to be released next week, should show continued subdued earnings growth amid margin compression and asset deterioration, says Fitch Ratings...
Moody's: New Zealand Covered Bond Performance Stable in Q4 2015 Moody's says that the performance of New Zealand's covered bond programmes was stable during Q4 2015...
BOJ's Funo: Inflation to Gradually Accelerate Toward 2% Member of the Policy Board at Bank of Japan Yukitoshi Funo, said that inflation is set to gradually accelerate toward BOJ goal of 2...
Major indexes drifted higher yesterday in a quiet trading session, as investors seemed to shy away from making any ‘big’ bets at the start of this holiday-shortened trading week...
45% Risk of a Brexit Today - BBH Analysts at Brown Brothers Harriman explained Osborne's budget last week was a self-inflict wound. Key Quotes: "Osborne known for his political prowess is being forced to retreat from his budget proposals that are less than a week old...
Kiwi Lower on Commodity Prices Ahead of Trade Balance - UOB Analysts at UOB Group noted that NZD lost momentum, weighed by weaker commodity and oil prices...
Mario Draghi's latest batch of measures to boost the euro-area economy comes with a sting in the tail for companies and anyone hoping to retire comfortably one day.Extending quantitative easing to include non-bank corporate bonds is poised to make life even tougher for company pension plans...
U.K. Budget Deficit Narrows In February The U.K. budget deficit narrowed in February on higher receipts, data from the Office for National Statistics showed Tuesday. Public sector net borrowing excluding public sector banks decreased by GBP 0.5 billion to GBP 7.1 billion...
OPEC Delegate - Saudi Arabia will Freeze Output without Iran A senior OPEC delegate reportedly said on Tuesday that Saudi Arabia is prepared to sign up to an oil output freeze next month irrespective of Iran’s participation...
Brent Oil Struggles for Direction as Glut Concerns Persist Brent oil is having a tough time in deciding which way to go as traders are worried production freeze by major producers will not be enough to counter excess supply situation. Hovers around $41.40 Prices are trading around $41...
German ZEW Economic Sentiment Rises Less Than Expected German economic sentiment improved less-than-expected in March as the financial experts' assessment of the current economic situation continued to worsen, survey results from the ZEW-Centre for European Economic Research showed Tuesday...
Greece Jan Current Account Deficit Widens Greece's current account deficit increased in January from a year ago, preliminary figures from the Bank of Greece showed Tuesday. The current account deficit widened to EUR 742.4 million in January from EUR 281...
Pound Falls Amid Risk Aversion Following Brussels Blasts The pound drifted lower against the other major currencies in European deals on Tuesday amid risk aversion, as investors became cautious after multiple explosions in Brussels left at least thirteen dead and thirty five injured...
Euro Falls After Brussels Explosions The euro weakened against most major currencies in the early European session on Tuesday, as investor sentiment dampened after multiple explosions in Brussels. The U.K.'s FTSE 100 index is currently down 0.55 percent or 33...
U.K. Inflation Stable At 0.3% U.K. inflation held steady in February and factory gate prices dropped less than expected, figures from the Office for National Statistics showed Tuesday. Consumer prices gained 0.3 percent in February from a year ago as seen in January...
UK House Price Inflation At 10-Month High: ONS British house price inflation accelerated at the start of the year to the highest level in ten months, figures from the Office for National Statistics showed Tuesday. The house price index climbed 7...
