UK manufacturing sector on course for further expansion in the coming months, says Lloyds Bank

Mar 20, 2017 16:41 pm UTC| Commentary Economy

UKs manufacturing output rose by 1.2 percent in the last quarter of 2016. Boost to competitiveness from sterlings depreciation last year was probably a key driver of this upturn. The underlying trend is clearly upward, as...

Netherlands consumer confidence strengthens further in March, hits 10-year high

Mar 20, 2017 15:10 pm UTC| Commentary

Netherlands seasonally adjusted consumer confidence index rose by 2 points to 16 in March, data from the Central Bureau of Statistics (CBS) showed Monday. Netherlands consumer confidence strengthened further in March to...

New Zealand consumer confidence falls slightly in the March quarter

Mar 20, 2017 14:54 pm UTC| Commentary

The Westpac-McDermott Miller New Zealand consumer confidence index edged slightly lower in the March quarter. Survey showed that people grew wary about the short-term economic outlook, but extended the nations run of...

German producer prices record strongest annual rise in over five years

Mar 20, 2017 14:02 pm UTC| Commentary

German producer prices data for February was released earlier today by German Statistics office Destatis. Data showed that German producer prices posted the strongest annual rise in over five years in February. Germanys...

Global Geopolitics Series

G20 finance ministers fail to reach an agreement to uphold free trade

Mar 20, 2017 13:51 pm UTC| Commentary Economy

Finance ministers and central bank governors of the worlds 20 biggest economies at a meeting in Germany during the weekend failed to keep their commitment to endorse free trade in the G-20 communique. Finance ministers...

FX Hedging Strategy Series

FxWirePro: Diagonal Credit Call Spreads to hedge USD/TRY’s momentary dips on Fed and CBT’s tipoffs

Mar 20, 2017 12:27 pm UTC| Central Banks Commentary

CBT holds its March rate in the recent meeting: we do not expect the Turkish CB to raise its benchmark repo rate from 8%. CBT is unlikely to touch any other rate either, besides the late liquidity lending rate, which we...

U.S. Treasuries remain flat ahead of Trump, Dudley’s speeches

Mar 20, 2017 11:53 am UTC| Commentary

The U.S. Treasuries trade flat in quiet trading session Monday as investors await to read the lines from President Donald Trumps scheduled speech later in the day. Also, the Federal Open Market Committee (FOMC)...