Forex News
US: payrolls growth to remain above 200k – employment report preview
We expect today’s jobs and ISM reports to show continued solid improvement. All eyes on average hourly earnings.
Euro area: Inflation inching closer to zero
After German and Spanish data yesterday, the fall in Euro-area inflation to 0.4% y/y was no surprise.
NAB Online Retail Sales Index – June 2014
Online retail showed further encouraging signs of growth in June, to be 0.9% higher compared to May.
Sterling Overvalued: Risk of Rapid BOE MPC Tightening
The International Monetary Fund’s Article IV staff report is largely upbeat on the UK’s economic recovery,
ECB Constancio: Convinced June Measures Will Be Effective
European Central Bank Vice President Vitor Constancio predicted Saturday that the package of measures decided by
Sweden: retail sales and lending; households getting more confident
Strong retail sales. Continued increase in household lending.
Euro area: PMIs offer hope amidst gloomy headlines
The flash PMIs for July point to a continued recovery in the Euro-area economy.
Trade Hints of Deterioration Ahead
The headline figures in this morning’s June trade statistics were robust. It has been that way for a good while now.
ECB Weidmann: EU Stronger Because of Britain’s Contribution
European Central Bank Governing Council member Jens Weidmann said Wednesday that the European Union was stronger
IMF Downgrades 2014 US GDP Est to 1.7% vs 2.0% June on Weak Q1
Just a month after releasing the annual report on the U.S. economy, the International Monetary Fund downgraded the 2014 growth