European Central Bank Interest rate pause?
Nordea's assessment remains that the bank has finished raising interest rates. The European Central Bank's July monetary policy meeting offered little...
China PMIs remain downbeat
A further slowdown in the service sector recovery coupled with a slight moderation in manufacturing contraction does not amount to any meaningful impr...
The Bank of New Zealand's impending decision to hold interest rates at 5.5%
The Bank of New Zealand's impending decision to hold interest rates at 5.5% for the second consecutive meeting marks a turning point in the country's ...
US inflation boosts case for no further rate hikes
A second consecutive benign set of inflation prints adds to optimism that the Fed rate hike cycle is at an end and a soft landing is achievable for th...
Japan remains on the recovery path despite weaker industrial production
Industrial production retreated in May, but Japan's economic outlook remains reasonably optimistic. While Tokyo inflation showed cost-push inflation p...
SNB hikes rates by 25bp and signals further tightening still to come
The Swiss National Bank raised its policy rate by 25 basis points as expected, while at the same time sending out a very hawkish signal. With the cent...
The Bank of England raised its interest rate by 0.5% to 5%
The division of votes was 7 to 2 so two people were against the increase.
The continuation of inflation requires further escalation.
Bank of Japan keeps policy settings unchanged � for now
The BoJ has unanimously decided to maintain its ultra-easing monetary policy as it is still looking for clearer signs of sustainable inflation growth....
The Commodities Feed: China Surprises with a Cut in short-term rates
The Energy Information Administration (EIA) estimates that US shale oil production could remain flat in July, with drilled but uncompleted wells (DUCs...
China cuts rates ahead of monthly activity data
While there has been some speculation about rate cuts, today's cut was not widely expected, and coming just ahead of the monthly activity data suggest...
Eurozone PMI dropped in May due to manufacturing contraction
The composite PMI fell from 54.1 to 53.3 in May, which is the first decline since October last year. The divergence between services and manufacturing...
May 24 economic calendar
German trade sentiment, European Central Bank chief Lagarde, and UK inflation numbers are in focus ahead of the FOMC meeting....
German ZEW index adds to recent growth worries
The third drop in a row for the German ZEW index marks a turning point for the worse as any growth optimism from the start of the year evaporates...