Germany's ZEW economic sentiment to keep rising

Mar 16, 2015 06:58 am UTC| Commentary

For a fifth straight month, the ZEW investor economic sentiment indicator is expected to rise strongly in March, to 59.4, on the positive winds blowing in Germany.This is turn is on the back of low oil prices, a weak euro...

Final February euro-area HICP inflation to confirm flash estimates at -0.3% yoy

Mar 16, 2015 06:53 am UTC| Commentary

Euro-area flash HICP inflation printed in negative territory at -0.3% yoy in February while the core component remained stable 0.6% yoy.Food, alcohol and tobacco rose from -0.1% yoy to 0.5% yoy, adding 12 bp to the...

U.S. residential building activity probably ebbed in February

Mar 16, 2015 06:50 am UTC| Commentary

Hampered by inclement weather conditions in the latter half of the month, the number of new housing units started probably fell by 1.4% to a seasonally adjusted annual rate of 1.05 million in February, marginally eclipsing...

U.S. industrial output likely stalled in February

Mar 16, 2015 06:46 am UTC| Commentary

A tug of war between a weather-induced jump in utilities generation and reduced manufacturing and mining activity probably left the Federal Reserve Boards industrial production gauge 0.1% lower in February, after a modest...

Fed's removal of ‘patient’ does not automatically mean a June rate hike likely

Mar 16, 2015 06:41 am UTC| Commentary

The FOMC meets on 17-18 March: the post-meeting statement and the updated projections will be released at 14:00 ET on 18 March and Chair Yellen will give a press conference at 14:30 ET.Standard Chartered notes its views as...

South Korea unemployment likely rose in February

Mar 16, 2015 06:32 am UTC| Commentary

South Korea is scheduled to release February job-market data on 18 March.Standard Chartered notes its forecasts as follows: We expect the unemployment rate to have increased 0.2ppt to 3.6% on a seasonally adjusted basis...

New Zealand Q4-2014 GDP growth likely remained robust

Mar 16, 2015 06:29 am UTC| Commentary

Statistics New Zealand is scheduled to release Q4-2014 GDP data on 19 March.Standard Chartered notes its forecasts as follows: We expect GDP growth to have remained robust at 3.2% y/y (0.6% q/q), but slightly slower...