GBP: Uncertain outlook to keep Sterling under pressure
Aug 09, 2015 20:30 pm UTC| Commentary
GBP was a notable G10 under-performer last week after the BoEs "Super Thursday" saw the MPC indicate a high degree of uncertainty regarding the economic outlook and appropriate timing of rate rises, encouraging the...
EUR: Activity and inflation data to confirm subdued demand conditions
Aug 09, 2015 20:14 pm UTC| Commentary
Euro area data this week are likely to be consistent with a large degree of spare economic capacity, supporting continued aggressive ECB QE and the bearish EUR view."We maintain high conviction in further EURUSD downside...
Latin American economies on the defensive
Aug 08, 2015 06:29 am UTC| Commentary
A fresh wave of disruptive volatility in the emerging-market asset class has resurfaced. The financially integrated Latin American economies have been caught in tandem by this renewed bearish market tone, yet the overall...
Strong U.S. domestic economy ready for rate hikes
Aug 08, 2015 03:12 am UTC| Commentary Economy
The divergence in performance between domestic and eternally oriented sectors of the American economy was on full display this week. While the ISM non-manufacturing index showed the fastest acceleration in activity in a...
Markets highly data-dependent as they await the Fed lift-off
Aug 08, 2015 03:04 am UTC| Commentary
Fed lift-off is looming. This weeks US employment report added further evidence that the labor market recovery remains solid, with a 215,000 increase in nonfarm payrolls and a steady 5.3% jobless rate. Our US team thinks...
Aug 07, 2015 17:45 pm UTC| Commentary
Since May, EUR/USD has remained captive within a 1.08 to 1.1470 range, well above the years low near EUR/. Despite the growing proximity of a Fed rate hike and in spite of the intensification of fears over a Grexit earlier...
US July jobs report leaves FOMC on track for September liftoff
Aug 07, 2015 17:35 pm UTC| Commentary
The Bureau of Labor Statistics (BLS) update on the employment situation in July was, for the most part, in line with Street expectations. Nonfarm payrolls expanded by a below-consensus 215K during the reference period, but...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned