Another strong decline in Spanish unemployment in Q1

Apr 20, 2015 02:23 am UTC| Commentary

Spain labour market turned a corner over the last couple of years. After the unemployment rate peaked at 26.9% in Q1 2013, it has declined to 23.7% in Q4 - with the first positive employment growth in six years in 2014....

French business confidence to improve in April

Apr 20, 2015 01:54 am UTC| Commentary

The French National Statistical Institute (INSEE) business confidence index for the whole economy is expected to improve from 96 to 97 in April, while the manufacturing index should remain unchanged for a fifth consecutive...

Stabilisation in the German Ifo expected

Apr 20, 2015 01:11 am UTC| Commentary

In April, the Ifo business climate index is expected to stand at 107.7, down from 107.9 in March. While only a minor improvement is expected in the index in March, it rose more than expected, showing no signs of...

Durable goods orders to remain cool outside of transportation

Apr 20, 2015 00:40 am UTC| Commentary

Durable goods orders likely rose by 0.8% mom in March. Aircraft orders are expected to contribute 0.6% to the overall increase.Although Boeing reported a decline in overall aircraft orders in March (from 72 to 39), there...

US new home sales to correct in March

Apr 20, 2015 00:30 am UTC| Commentary

US new home sales surged unexpectedly by 7.8% mom in February despite severe temperatures in many parts of the country.While it is constructive on new home activity over the next 12 months, this one-month increase is...

US existing home sales to rise to highest levels since December

Apr 20, 2015 00:19 am UTC| Commentary

US home resale activity stalled in recent months, in part driven by unseasonably cold weather. Pending home sales, a reliable leading indicators of existing sales, suggest that resale activity increased in March.Pending...

Australia's CPI is out on Wednesday

Apr 19, 2015 23:42 pm UTC| Commentary

Australias CPI is out on Wednesday. Lower fuel prices should help offset unfavorable Q1 seasonals to see a headline CPI rate of 0.2%q/q, 1.3%y/y.In underlying terms, whilst the broad rise in the price of tradable goods...