Some concessions towards Catalonia likely from Spain's central government
Sep 28, 2015 04:20 am UTC| Commentary
After Spains 20 December general elections, the new central government in Madrid will in all likelihood start negotiations to reform the balance of powers among Spains regions, probably involving constitutional...
Aussie steals kiwi's thunder amid data-deficient day
Sep 28, 2015 04:12 am UTC| Commentary
A dull start to the week on the economic agenda saw the Australian dollar move up against its New Zealand peer, but each of the currencies trades lower against the greenback amid growing US rate-hike speculation.The...
USD/Asia uptrend resumes after temporary pullback
Sep 28, 2015 03:33 am UTC| Commentary
EM Asia FX will face the brunt of slowing Chinese growth and a weaker CNY. China growth concerns, weak risk sentiment, approaching Fed policy normalization and increasingly dovish regional central banks are likely to keep...
China PMI likely to reinforce downward pressure on AUD
Sep 28, 2015 03:28 am UTC| Commentary
Australia building approvals have run ahead of private-sector measures of housing activity over recent months, and a 3% correction is likely in July."Although leading indicators are pointing to a broad peak in housing...
Sep 28, 2015 03:25 am UTC| Commentary
The Canadian economy is headed for a slower end of the quarter, as indicated by disappointing July wholesale trade and retail sales. The mixed signals regarding the resilience of the Canadian consumer put into doubt how...
No easing likely from BoJ until April 2016
Sep 28, 2015 03:21 am UTC| Commentary
The recent downturn in Japansgrowth, along with decelerating inflation and a drop in oil prices, bears a striking resemblance to last fall when the BoJ surprised the markets with additional easing and has led to some...
UK's manufacturing PMI likely to confirm slowing growth
Sep 28, 2015 03:13 am UTC| Commentary
UK economic growth, while slowing, remains relatively robust, but fiscal consolidation will likely weigh on activity in an environment of surprisingly low inflation and the underpriced impending EU referendum."UKs...