US home prices decline further in July
Sep 29, 2015 20:38 pm UTC| Commentary
The SP/Case-Shiller 20-City Home Price Index fell for the third month running in July. Home prices declined 0.2% m/m, below the consensus (+0.1%) expectations. The y/y rate of appreciation picked up slightly, to 5.0%...

Uneven global housing market conditions persist
Sep 29, 2015 20:32 pm UTC| Commentary
Global residential property markets continued to show a mixed performance through the second quarter, both across and within regions. Highly expansionary monetary policy is providing a strong pillar of support to this...
Finnish economy trying to find the lost grip
Sep 29, 2015 17:59 pm UTC| Commentary
The world economy offers in many ways a helping hand to Finland. The global recovery is well underway, the euro is weaker now, and both interest rates and the price of crude oil are record low. Unfortunately, the Finnish...
U.S. Consumer feels better than the market
Sep 29, 2015 17:38 pm UTC| Commentary
It looks like the consumer is in a virtuous cycle and it shows with a surge in consumer confidence in September to 103 defying expectations of a drop from last months rise. Yesterdays numbers also bolstered this view of a...
Worries over China hard landing may be overblown
Sep 29, 2015 17:13 pm UTC| Commentary
Market sentiment about Chinas economy has taken a sharp turn for the worse recently. The RMB weakness that followed the change in the currencys fixing mechanism in August, coming hard on the heels of weak trade and PMI...
US Q3 GDP tracking 1.6% after advance August trade data
Sep 29, 2015 15:49 pm UTC| Commentary
The Census Bureaus new report on international trade in goods for August showed a sharp widening in the nominal goods deficit. Nominal goods exports are estimated to have declined 3.5% m/m, while imports rose 1.8% m/m....
US consumer confidence rises further in September
Sep 29, 2015 15:44 pm UTC| Commentary
The Conference Boards index of consumer confidence came in well above expectations in September, posting a modest advance on the month against forecast (98.0) and consensus expectations (97.0) for a decline. The headline...