Bank of Canada likely to keep key policy rate on hold in March

Mar 06, 2018 21:42 pm UTC| Commentary

The Bank of Canada is set to meet for its policy decision tomorrow. According to a Wells Fargo research report, the central bank is expected to stand pat. During its January meeting, the Bank of Canada had hiked its...

Czech National Bank likely to tighten policy further by 25-50 basis points

Mar 06, 2018 21:14 pm UTC| Commentary

One of Czech National Banks main hawk, Vojtech Benda, stated that the fourth quarter wage data would be important in indicating the direction in which the central banks projections might have to be revised in the next...

Canada’s Ivey Purchasing Managers Index rises in February

Mar 06, 2018 20:25 pm UTC| Commentary

Canadas Ivey Purchasing Managers Index rose in the month of February from the prior month. The corresponding figure for February 2017 and February 2016 was 55 and 54.4, respectively. The index for employment came in at...

Germany construction sector activity slows in February

Mar 06, 2018 19:37 pm UTC| Commentary Economy

Construction sector in Germany saw the level of total industry activity rise in February, but at a slower rate than in January. The headline PMI index dropped to 52.7 in February from Januarys print of 59.8. The latest...

Norges Bank’s regional network report suggests stronger growth in Norway

Mar 06, 2018 18:33 pm UTC| Commentary Economy

The regional network shows that growth in Norwegian production and employment is picking up. The survey is on the solid side compared to Norges Bank. The central bank has published its first quarter regional network...

U.S. factory orders fall sequentially in January

Mar 06, 2018 18:29 pm UTC| Commentary

U.S. factory orders dropped in the month of January on a sequential basis. Factory orders fell 1.4 percent, consistent with consensus expectations, but fared a touch better than expected. The fall in January comes on the...

U.S. factory orders fall sequentially in January

Mar 06, 2018 18:29 pm UTC| Commentary

U.S. factory orders dropped in the month of January on a sequential basis. Factory orders fell 1.4 percent, consistent with consensus expectations, but fared a touch better than expected. The fall in January comes on the...