OBR raises UK 2017 growth forecast to 2 pct, but warns of “unsustainable” spending binge
Mar 09, 2017 15:40 pm UTC| Commentary Economy
The independent Office of Budget Responsibility (OBR) on Wednesday raised U.K. growth forecast for 2017 year to 2 percent from 1.4 percent projected in the Autumn Statement in November. OBR said that U.K. economy is set to...

US under Trump Series: Trump effect visible in ADP employment report
Mar 09, 2017 07:30 am UTC| Commentary Economy
Yesterdays ADP employment report was a total blockbuster and we need to give some of the credit to the newly elected President of the United States; Donald Trump who has held meetings with several US companies even before...
Negative Rates Series: Negative bond universe expands again
Mar 09, 2017 05:56 am UTC| Commentary Economy
After peaking around $14 trillion last September, the negative bond universe that comprises of bonds which are trading at negative yields shrank to $9.8 trillion in the third week of February. The election of the...

Mar 08, 2017 13:36 pm UTC| Commentary Economy
Today ADP employment numbers were released from US for the month of February. ADP number shows the US labor markets are showing a lot of volatility lately. There are two things to note in the headline...
Mar 08, 2017 13:19 pm UTC| Economy Insights & Views Central Banks
Stay short EURCZK: We continue to expect the CNB to discontinue the FX floor at the May 4th regular policy meeting. We estimate that inflation jumped again in February, reaching 2.5%oya, from 2.2% in January. We...

Mar 08, 2017 11:11 am UTC| Commentary Economy
ADP employment data to be released at 13:15 GMT is todays most vital dockets from theUS to be watched by market participants. This report is one of the key data that investors will use to gauge US economic...
China’s commodity imports record strong growth in February, likely to improve further
Mar 08, 2017 10:36 am UTC| Commentary Economy
Chinas imports of commodities recorded relatively strong growth in February, although the Chinese New Year holidays saw levels drop from January. On a YTD (Jan-Feb) basis, all commodities bar copper recorded strong...