Canadian economy added a respectable 12K jobs in August, with positive details
Sep 04, 2015 16:56 pm UTC| Commentary Economy
Canadas economy gained 12K net new jobs in August, but the unemployment rate edged up to 7.0% as more people searched for work.The headline gain was driven by a big jump in full-time jobs (+54K), largely offset by losses...
Is Japan's inflationary efforts failing?
Sep 04, 2015 07:58 am UTC| Commentary Economy
BoJ Governor Haruhiko Kuroda had used the allegedly positive wage development as an indicator of his extremely optimistic inflation forecast. Even in the past that had been a very courageous interpretation of the wage...
Remaining portions of US BLS employment situation report to be mixed
Sep 04, 2015 05:40 am UTC| Commentary Economy
The remaining portions of the BLS employment situation report are expected to be mixed. Reflecting previously discussed calendar effects associated with the timing of the establishment survey, average hourly earnings...
Poland’s October election adds downside PLN risk
Sep 04, 2015 01:02 am UTC| Commentary Economy
Polands smaller trade linkages to China and its status of net commodity importer places the PLN in a relative sweet spot compared to other EM currencies. That did not stop EUR/PLN from gaining 2.1% in August. A move up to...
New Zealand's level of construction to remain strong over coming year
Sep 03, 2015 03:55 am UTC| Commentary Economy
Total NZ building work put in place rose 1.6% in the June quarter, taking the level of building activity to its highest level in ten years. Junes increase in building work was underpinned by a 5% increase in...
Risk is decoupled from US fundamentals
Sep 03, 2015 03:26 am UTC| Commentary Economy
The recent repricing of risk appears to be decoupled from US fundamentals. Admittedly, macro profits used in this analysis are derived from domestic production, i.e. do not include foreign profits and therefore exclude the...
UK economic growth in Q2 widely supported
Sep 02, 2015 22:48 pm UTC| Commentary Economy
The second estimate of GDP in 2015Q2 confirmed that the British economy expanded by 0.7% q-o-q in the second quarter of 2015. All components, except inventory formation, contributed positively to economic growth. Private...