US Fundamental overview and outlook

Jun 27, 2015 12:09 pm UTC| Commentary

The FOMC continued to guide at its most recent meeting that it anticipates interest rate lift-off to occur in 2015, although the timing and extent of that lift off will depend on economic growth. The key domestic question...

Greece going for referendum, more questions arise

Jun 27, 2015 11:51 am UTC| Commentary

Greek Prime Minister Alexis Tsipras announced a surprise referendum on the Greek bailout negotiations, lateon Fridaynight. In a speech that was broadcast live on Greek television, he announced that the referendum would be...

Outlook for U.S. consumer spending and the economy looks promising

Jun 26, 2015 19:03 pm UTC| Commentary

Theres little stopping the U.S. housing recovery. Combined existing and new home sales rose 10% in the past year to 8-year highs in May. First-time buyers jumped off the fence, now accounting for nearly one-third of sales...

Canada real GDP likely to end a three-month string of declines in April

Jun 26, 2015 18:55 pm UTC| Commentary

Canada real GDP is expected to climb a modest 0.1% in April, ending a three-month string of declines. A big increase in wholesale activity and continued strength in the housing market look to be key contributors to...

BoJ's Tankan survey to show current conditions deteriorated slightly in Q2

Jun 26, 2015 18:32 pm UTC| Commentary

In Japan, the main event next week is the Bank of Japans (BoJ) Tankan Business survey for Q2. Current conditions are usually a good indicator of current GDP growth, while the expectations component has been less successful...

Greek banks - An increasing area of concern

Jun 26, 2015 17:41 pm UTC| Commentary

After a week of intense but inconclusive talks at the technical, euro area finance minister and heads of state levels, the Eurogroup is scheduled to meet once more from 1pm London time on Saturday 27 June, ahead of the end...

June PMIs to highlight the strength of the UK economy

Jun 26, 2015 17:34 pm UTC| Commentary

The outlook for UK activity in Q2 remains a key consideration in assessing the timing of the first hike in UK interest rates. Following comments from Martin Weale over the past week, the likelihood of a split vote at the...