Euro area final Services PMI to hover around four-year high
Oct 05, 2015 00:26 am UTC| Commentary
The figures for the flash euro-area services and composite PMIs for September, published last week, were 54.0 and 53.9 respectively, showing a slight decline on the August figures. Regionally, the German numbers are...
Portugal: Conservative coalition likely to stay in power
Oct 05, 2015 00:15 am UTC| Commentary
With more than 90% of the votes counted, the results of the general election in Portugal came in broadly in line with recent polls: the PSD/CDS conservative coalition, currently in government, won again with 37% of the...
US import prices likely remained on a downtrend in September
Oct 04, 2015 23:48 pm UTC| Commentary
Softer petroleum quotes, combined with projected reductions in other foreign product costs, probably pared the Import Price Index (IPI) by 0.9% in September, boosting the cumulative decline since June to 3.7%. Available...
US consumer credit probably reaccelerated in August
Oct 04, 2015 23:28 pm UTC| Commentary Economy
Powered by an anticipated auto-led pickup in nonrevolving liabilities outstanding, the nominal value of consumer instalment credit likely expanded by $21.5 billion in August, eclipsing the $19-billion takedown posted in...
US non-farm payrolls rose only 142k in September
Oct 04, 2015 23:12 pm UTC| Commentary
US non-farm payrolls rose only 142k in September, compared to 201k expected and resulting in reactions in most asset class markets. Back revisions were negative, August from 173k to 136k, and July from 245k to 223k. Hours...
Oct 04, 2015 22:55 pm UTC| Commentary
Canadas political campaign enters its last two weeks with polls signaling a close three-horse race among the main parties, with Conservatives holding a slight lead over Liberals and NDP. The campaign has been focused on...
USD/BRL to resume its upward trend in the upcoming weeks
Oct 04, 2015 22:41 pm UTC| Commentary
It is believed that the recent BRL stability is only temporary and that USDBRL will resume its upward trend in the upcoming weeks. While the government tries to gain some support to remain in power, the structural and...