US durable goods orders are likely to have fallen in February

Mar 24, 2015 18:07 pm UTC| Commentary

Capital Economics notes as follows .... Incoming data suggest that poor weather in the Midwest and Northeast had a significant impact on activity last month, which is likely to have also affected durable goods orders...

Hungary inflation will remain well below the 3% target, giving space for NBH to cut further

Mar 24, 2015 17:41 pm UTC| Commentary

The National Bank of Hungary (NBH) cut its base rate by 15bp to 1.95%. After eight months being on hold, the NBH has re-initiated a cutting cycle.Since then, CPI entered an extended period of deflation. The main factors...

Global Economic Outlook

Mar 24, 2015 17:19 pm UTC| Commentary

TD Economics notes in a report as follows .... Global economic growth disappointed last year. Lower oil prices and stimulus measures across much of the world will help lead to a modest pickup this year. From 3.3% in...

US Economic Outlook

Mar 24, 2015 17:15 pm UTC| Commentary

TD Economics notes in a report as follows .... In a pattern similar to last year, unseasonably cold weather and record snowfall in parts of the country combined to slow economic activity at the start of this year. As it...

Canadian Economic Outlook

Mar 24, 2015 17:12 pm UTC| Commentary

TD Economics notes in a report as follows: As crude oil prices continue to fluctuate, the knock-on effects of their sharp decline since last autumn on the real economy and job market are expected to be felt for the...

USD review: Western Union

Mar 24, 2015 16:51 pm UTC| Commentary

A tiny bounce in U.S. inflation last month helped the dollar pare a decline. Helping to make a June rate hike a bit of a closer call, U.S. consumer prices climbed out of the red in February while less volatile core...

CAD review: Western Union

Mar 24, 2015 16:50 pm UTC| Commentary

Canadas dollar neared three-week peaks below C$1.25, helped by the greenbacks bleeding of more of its recent gains, and an uptick in the price of oil to nearly $48. With little local data to consider this week, the loonie...