Forex News
Inflation Falls In India, But So Did Factor Output
India’s consumer-price growth eased more than analysts estimated in January and factory output fell in December following an increase in interest rates as central bank Governor Raghuram Rajan fights Asia’s fastest inflation.
Housing Outlook – 2014
We expect a significant rise in new dwelling construction over 2014 that should carry into 2015. The positives for theeconomy flow from the boost to overall growth and employment.
ECB Draghi: Banking Union To Lead To Stronger Fin Integration
European Central Bank President Mario Draghi said Wednesday that a banking union can lead to stronger financial integration in the Eurozone,
Fed Bullard: Expect Qualitative Shift In Fwd Guidance
St. Louis Federal Reserve Bank President James Bullard Wednesday said that while the Fed’s quantitative forward guidance served its purpose,
UK: The end of threshold guidance
The long-awaited inflation report from Bank of England (BoE), which was followed by a press conference with Governor Carney, had no new thresholds for the unemployment rate.
BOE Inflation Report: Keeps 7% Threshold; Clarifies Guidance
The Bank of England’s Monetary Policy Committee has published forecasts showing inflation will be close to target if the first rate hike comes in the second quarter of 2015.
Norway: Stronger GDP growth than expected
• Mainland GDP above our forecast and also somewhat on the strong side to Norges Bank and consensus
Monthly Economic Outlook
Fear Not, Economic Growth Has Not Been Tapered This past month’s disappointing economic news and pullback in the stock market have raised
Fed Fisher: Not Much Efficacy In Additional Asset Purchases
Dallas Federal Reserve Bank President Richard Fisher Tuesday night said additional asset purchases by the central bank are unlikely to boost job creation,
China’s ‘Unbelievable’ Jan Trade Surprise Points To Hot Money
FACTORS: * Jan seasonally-adjusted exports +9.4% y/y vs +3.3% Dec
Consumer Sentiment – February 2014
The Westpac-Melbourne Institute Index of Consumer Sentiment fell to 100.2 in February to sit barely in positive territory(100 means that the number of optimists equals the number of pessimists).
Upcoming Chinese Trade Data May Disappoint
China’s trade growth may have ground to a halt in January, fueling further concerns over the outlook for the world’s second largest economy.