EMs under pressure from global factors
Aug 07, 2015 05:05 am UTC| Commentary
After a bit of a reprieve in the early part of July, Emerging Market (EM) assets have continued lower. The pattern of weakness since April has largely remained the same with stability in hard currency bonds, weakness in...
US employment situation likely to be positive
Aug 07, 2015 05:03 am UTC| Commentary
US unemployment and labor participation data are scheduled to release today. The remaining portions of the Bureau of Labor Statistics (BLS) employment situation report are expected to be positive as well. Reflecting...
Return to fairly normal weather conditions could provide a modest lift to US job growth
Aug 07, 2015 04:52 am UTC| Commentary
US climatic conditions are expected to provide a modest lift to net hiring in the July report. At 342, population-weighted cooling degree days were 21 above normal during the reference period."However, more detailed data...
Most Asian shares slide with monetary policy in focus
Aug 07, 2015 04:43 am UTC| Commentary
Asian markets were trading broadly lower on Friday ahead of several key monetary policy releases, including the RBAs and the BOJs respective statements, while the upcoming US labour report could help investors decide when...
Further rate cuts likely in Central Europe
Aug 07, 2015 04:40 am UTC| Commentary
Inflation in Central Europe and Israel has risen off the lowest points, but remains well below targets. Given the recent declines in global commodity prices, the pattern in July is likely to be mixed and thus broadly...
US job creation probably reaccelerated in July
Aug 07, 2015 04:34 am UTC| Commentary
Several factors underpin for a pickup in US job growth. While both initial and continuing jobless claims were little changed between the two latest canvassing periods, improved hiring breadth and modestly better weather...
Daily Economic Outlook: 7th August, 2015
Aug 07, 2015 04:14 am UTC| Commentary
The US employment report is always seen as one of the key economic releases of the month. However, the FOMCs statement that it wants to see "some further improvement in the labor market" before raising interest rates means...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned