Daily Economic Outlook: 27th July, 2015
Jul 27, 2015 04:34 am UTC| Commentary
The German IFO survey will provide further indications of economic activity in the euro area at the start of Q3. Coming after the expected pickup in Q2, recent survey evidence has been mixed. Last weeks flash euro area PMI...

Mexican exports facing low demand growth from US
Jul 27, 2015 04:16 am UTC| Commentary
Mexican trade numbers this year have been considerably weaker than expected and recent numbers suggest that exports (and imports) weakness have deepened in Q2 following the demand weakness in the US, which constitutes...
Gold is supported below $1100 level on the start of new week
Jul 27, 2015 04:08 am UTC| Commentary
Dropping below the low of November 2014, the move represents the lowest gold price since 2010. US gold mining equities have also taken a beating. High debt levels accumulated during the boom are now weighing on stocks as...
USD likely to continue its upward trajectory
Jul 27, 2015 03:59 am UTC| Commentary
The FOMC statement should not present material changes, but risks are tilted towards a more optimistic rhetoric as recent economic data have improved and near-term risks regarding Greece have receded.The Employment Cost...
Extremely low Euro inflation to drive further EUR weakness
Jul 27, 2015 03:56 am UTC| Commentary
Euro area flash July HICP inflation should confirm extremely low inflation and support the ECBs continued commitment to its Public Sector Purchase Programme (PSPP). "Indeed, the ECB will continue its monthly asset...
Jul 27, 2015 03:51 am UTC| Commentary
GBP FX and rates have been volatile over the past month, driven in part by the medias more hawkish reporting of recent BoE communication and disappointing economic data."Overall, modest GBP outperformance is expected...
Fed hike expectations likely remain the main driver of USD/JPY
Jul 27, 2015 03:43 am UTC| Commentary
Recent price action has been consistent with the view that USD/JPY should oscillate around 123 with risks on both sides. Upside risks include a bringing forward of Fed hike expectations and downside risks include a...