Greece haunting EUR; GBP ahead of CPI
Aug 18, 2015 07:06 am UTC| Commentary
Greece is back to haunt the EUR. Ahead of the vote in the Bundestag on the third Greek bailout market concerns have increased that the Chancellor would struggle to get sufficient support from its own CDU party given...
US NAHB Index shows positive sign
Aug 18, 2015 06:53 am UTC| Commentary
US NAHB Housing Market Index data released yeasterday recorded another cycle high, whereas empire manufacturing survey posted a very weak result. The Aug empire survey was all around disappointing with a big miss on the...

Russian capital expenditure fails to recover from losses
Aug 18, 2015 06:33 am UTC| Commentary
Investment in Russia continued to be depressed, driven by pessimistic expectations expressed by enterprises in a series of recent surveys conducted by Rosstat. The gradual decline in business confidence has been...

Japan might take some time reaching trade balance on a sustainable basis
Aug 18, 2015 06:28 am UTC| Commentary
Japans July trade balance is likely to have reached a balance (0). This would mark a significant improvement from the 967bn deficit seen in July 2014. Exports in July are expected to grow by 3.5% yoy, while imports...
UK retail sales likely to perform well in July
Aug 18, 2015 06:26 am UTC| Commentary
UK month on month and year on year retail sales ex auto fuels data for July to be released on 20th August. The underlying state of consumer demand is strong, supported by growth in real disposable income and firm consumer...
CFTC Speculators FX Positioning as 11 August 2015
Aug 18, 2015 06:21 am UTC| Commentary
USD longs climbed a little higher prompted by the as expected but solid US July labor report. However, as the value of the CNY fell further during the middle of last week, speculation of a September Fed policy move was...

Indonesia's manufacturing likely to improve in coming months
Aug 18, 2015 06:18 am UTC| Commentary
Indonesias trade surplus surged to USD1.3bn in July, with weaker exports at -19.2% y/y more than offset by a -28.4% plunge in imports. The lack of government spending (until mid-April) has had significant spillover effects...