BoE on hold but may want to tailor expectations somewhat
Oct 04, 2015 20:34 pm UTC| Commentary Central Banks
The BoE is expected to keep the Bank Rate and asset purchase decision unchanged at its October meeting (Thursday) in line with market expectations. Nonetheless, it is believed that the tone of the MPC from the release of...
ECB minutes in search of strong signals regarding further stimulus
Oct 04, 2015 20:24 pm UTC| Commentary Central Banks
Amid a relatively light data calendar in Europe, the release of the ECBs September policy meeting minutes will attract market interest. The focus will be on potential options discussed by the GC to ease policy further....
US service data to confirm firm footing
Oct 04, 2015 20:14 pm UTC| Commentary
The USD is expected to remain on the sidelines during this week after the weaker-than-expected NFP report but acknowledge the risk of a move up on the premise that major central banks should continue leaning towards a more...

Volkswagen crisis and its risk to Germany
Oct 04, 2015 13:45 pm UTC| Commentary
The most recent survey data coming out of both Germany and the rest of the Eurozone have continued to show a positive outlook for German growth and the car industry in general. However, these results pre-date the...
History repeats: The debt ceiling
Oct 04, 2015 13:36 pm UTC| Commentary
Treasury Secretary Lew updated the Treasurys forecast for its remaining borrowing capacity under the debt ceiling late Thursday. The debt ceiling deadline is now November 5. Bill rates rise ahead of the debt ceiling...

U.S. not immune to global weakness
Oct 04, 2015 07:52 am UTC| Commentary Economy
Headwinds to U.S. growth emanating from the soft global economic backdrop and elevated greenback were one of the motivations behind the Feds decision not to raise rates in September. As we kick off October, these risks...
US Employment soft patch puts a damper on December lift-off
Oct 02, 2015 16:41 pm UTC| Commentary
This was not a good week for US economic data. First, disappointing trade figures prompted economists to revise down their estimates of Q3 GDP by a full percentage point. Then the ISM report confirmed that the...