Another significant improvement in Euro area monetary and credit dynamics in March

Apr 27, 2015 06:34 am UTC| Commentary

The continued improvements have been seen in monetary and credit dynamics since the ECB adopted an accommodating stance back in June. Indeed, M3 money supply growth recovered from a lacklustre 1.1% yoy in May, to 2.0% in...

April euro area inflation to continue its rebound

Apr 27, 2015 06:30 am UTC| Commentary

March euro area HICP inflation quickened to -0.1% yoy from -0.3% yoy in February. Core inflation was at 0.6% yoy, down from 0.7% yoy in February. The energy component explained the bulk of the rise in inflation, up from...

Daily Economic Outlook: 27 April, 2015

Apr 27, 2015 05:20 am UTC| Commentary

Todays calendar is exceptionally light with only a handful of second tier surveys due. In UK, the CBI Industrial Trends survey for April (1000 GMT) will provide an update on sentiment in the manufacturing sector going into...

China's official PMI to tick down in April

Apr 27, 2015 02:18 am UTC| Commentary

The flash reading of the HSBC manufacturing PMI dropped further from 49.6 to 49.2 in April, its lowest reading in 12 months.Details of the report suggest domestic demand continued to deteriorate after the disappointing...

German flash HICP inflation to rise to 0.3% yoy in April

Apr 27, 2015 02:03 am UTC| Commentary

German HICP inflation printed at 0.1% yoy in March and the rebound in consumer prices is expected to continue in April as well.Energy prices rose again during the month of April and should contribute positively to the...

April euro area inflation to continue its rebound

Apr 27, 2015 01:54 am UTC| Commentary

March euro area HICP inflation quickened to -0.1% yoy from -0.3% yoy in February. Core inflation was at 0.6% yoy, down from 0.7% yoy in February. The energy component explained the bulk of the rise in inflation, up from...

US manufacturing ISM Boosted by weather, capped by the dollar

Apr 27, 2015 01:45 am UTC| Commentary

After five consecutive monthly declines, the manufacturing ISM index is expected to post a modest gain in April. A 1.5 increase to 53.0 is likely, which would mark the highest reading since January.The manufacturing sector...