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German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

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Philippine central bank keeps interest rate unchanged at 2 pct

Germany's unemployment exceeds expectations in September

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U.S. weekly jobless claims unexpectedly decrease

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

U.S. durable goods orders sustain robust growth

U.S. vehicle sales fall again in November

U.S. House prices increase slightly in July

U.S. existing home sales rise above expectations in October

U.S. personal income and spending rose less than expected in August

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Swiss franc likely to gradually depreciate against euro in coming months

Bank Indonesia keeps key interest rate on hold at 3.75 pct

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Sterling’s gains unlikely to be sustained: Capital Economics

Thursday, February 19, 2015 6:31 PM UTC

Quotes from Capital Economics:

- Sterling is one of the only major currencies to have appreciated against the US dollar over the past month. However, we doubt its renewed strength will last.

- We forecast sterling's exchange rate against the dollar to fall back towards our end-year forecast of $1.50 from its current level of around $1.54.

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Sterling’s gains unlikely to be sustained: Capital Economics

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