US rates review: Westpac Research
Feb 23, 2015 19:39 pm UTC| Commentary
Quotes from Westpac Research:- US 10yr treasury yields fell from 2.14% to 2.06% and the 2yr yield fell from 0.65% to...
Turkish c.bank to cut all of its official interest rates by 50bp: Capital Economics
Feb 23, 2015 19:33 pm UTC| Commentary
Quotes from Capital Economics:- We think that the Turkish central bank will cut all of its official interest rates by 50bp (12.00 GMT) in response to the growing pressure from the government to ease policy.- Meanwhile, we...
South Africa growth probably accelerated to about 4.0% in Q4: Capital Economics
Feb 23, 2015 19:26 pm UTC| Commentary
Quotes from Capital Economics:- Our South Africa GDP Tracker suggests that growth accelerated from 1.4% q/q saar in Q3 to about 4.0% in Q4 (09.30 GMT).- While the strong quarterly expansion in Q4 is unlikely to be...
Recovery in UK spending should soon get back on track: Capital Economics
Feb 23, 2015 19:04 pm UTC| Commentary
Quotes from Capital Economics:- The fall in the reported sales balance of Febs CBI Distributive Trades Survey from +39 in Jan to just +1 in Feb was disappointing. (Data released on Mon.)- However, we doubt that this...
US Conference Board’s index of consumer confidence likely to rise further in Feb: Capital Economics
Feb 23, 2015 18:55 pm UTC| Commentary
Quotes from Capital Economics:- We expect the Conference Boards index of consumer confidence (15.00 GMT) to rise further, from 102.9 to 105.0 in Feb. Rapid improvements in the labour market are providing a significant...
US Treasuries could be a headwind for ESH5: BofA Merrill Lynch
Feb 23, 2015 18:40 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- We turned bearish on Treasuries last week, looking for 10yr yields to break the 100d at 2.148% ahead of a push to 2.347%/2.434% and potentially beyond. Pullbacks should be limited to...
Correction in Gold is nearing an end: BofA Merrill Lynch
Feb 23, 2015 18:35 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- While the weakness in gold has been much greater than anticipated, the evidence still points to a larger, ongoing medium term uptrend, targeting 1345 (Jul14 high) and potentially as far as...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects