Feb 20, 2015 07:14 am UTC| Commentary
Quotes from Danske Bank: -The main event today is the extraordinary Eurogroup finance minister meeting on Greece in Brussels scheduled to start at 15:00 CET. Greeces current bailout programme is set to expire on 28...
Daily outlook for GBP: Lloyds Bank
Feb 20, 2015 07:12 am UTC| Commentary
Quotes from Lloyds Bank: -We will be watching the UK data closely today as the recent rise is GBPUSD has developed an interesting wedge type process. Such a process generally gives way to renewed weakness, especially as...
Canadian retail sales probably declined by 0.7% m/m in Dec: Capital Economics
Feb 19, 2015 19:49 pm UTC| Commentary
Quotes from Capital Economics:- We estimate that Canadian retail sales (13.30 GMT) declined by 0.7% m/m in December.- While sales at motor vehicle dealerships probably rose slightly, sales at clothing, electronic and...
Mexico GDP probably grew by about 2.4% y/y in Q4: Capital Economics
Feb 19, 2015 19:31 pm UTC| Commentary
Quotes from Capital Economics:- Leading indicators suggest that the manufacturing sector drove an acceleration in GDP growth in Mexico in Q4 (14.00 GMT). Growth in the IGAE activity index picked up to 2.6% y/y in the three...
UK retail sales probably fell a bit in Jan: Capital Economics
Feb 19, 2015 19:22 pm UTC| Commentary
Quotes from Capital Economics:- Retail sales (09.30 GMT) probably fell a bit in Jan, but that would mainly be the result of heavy discounting at the end of last year pulling sales forward into Nov and Dec.- We have...
UK borrowing to have fallen by a decent £9.5bn in Jan: Capital Economics
Feb 19, 2015 19:19 pm UTC| Commentary
Quotes from Capital Economics:- If we are about to see a turnaround in the public finances (09.30 GMT), then Jan is the key month. Borrowing on the new PSNB ex. measure was 2.9bn higher in Dec than a year earlier.-...
Feb 19, 2015 19:01 pm UTC| Commentary
Quotes from Capital Economics:- ECB minutes on Thur confirmed that support for the new QE programme was not unanimous, suggesting that its scale will remain limited. They also highlight discomfort with any policy that...