Market movers ahead

Jun 12, 2015 18:32 pm UTC| Commentary

Danske Bank Markets:At the upcoming FOMC meeting we will get full information with updated projections, the FOMC statement and a subsequent press conference.In the euro area, the negotiations between Greece and the three...

Greece deadline approaches, June 18th the next key date

Jun 12, 2015 18:21 pm UTC| Commentary

The coming week is a crucial one for Greece. While it now has until the end of the month before it has to make a repayment to the IMF, the Eurogroup meeting on June 18th is an important interim deadline, before the expiry...

FOMC statement likely to sound more positive

Jun 12, 2015 18:14 pm UTC| Commentary

An important indication of the likelihood of a relatively early move from Fed will be the extent to which the post-meeting statement is more upbeat about recent economic developments compared to the last meeting in April.A...

Fed policy key to market sentiment

Jun 12, 2015 17:44 pm UTC| Commentary

While the coming weeks FOMC meeting (Wed) may not be the pivotal event it was expected to be at the start of the year, it could still have an important impact on market expectations for US interest rates.Not long ago, June...

University of Michigan consumer sentiment shows strong gains in early June

Jun 12, 2015 17:34 pm UTC| Commentary

The University of Michigan index of consumer sentiment rose to 94.6 in the preliminary June reading, solidly above consensus expectations (91.2). The current conditions index surged 6 points, to 106.8, the highest level...

Households drive gains in Canada's net worth, aided by a weaker loonie

Jun 12, 2015 17:21 pm UTC| Commentary

Canadian national net worth increased 2.0%(q/q) in the first quarter of 2015, driven by rising household wealth. A weaker Canadian dollar is helping out Canadas net worth picture, as investments abroad translate into more...

Upbeat UMich consumer confidence index suggest U.S. consumer is in a better place

Jun 12, 2015 17:08 pm UTC| Commentary

The U of M consumer confidence index beat expectations, rising 3.9 pts to 94.6 in June (thus far). This is the highest in a couple of months and continues the pattern of alternating between being up/down since...