Fundamental Analysis

Mon, 27 Apr 2015 05:59:04 GMT

Negative effect of lower oil prices on Canada's economy to be short-lived, Poloz says

Stephen Poloz, Bank of Canada Governor, admitted that the negative impact of the precipitous decline of oil prices on the Canadian economy will be short-lived and disappear in the second half of this year.

Mon, 27 Apr 2015 05:48:03 GMT

SNB prepares to intervene currency market, as Franc is overvalued

The Swiss National Bank stands ready to intervene in currency market, the central bank's President Thomas Jordan said.

Mon, 27 Apr 2015 05:37:04 GMT

US durable goods soar 4% in March amid robust demand for commercial aircraft

US durable goods, a bellwether of business spending, soared considerably more than expected in March.

Mon, 27 Apr 2015 05:26:04 GMT

Business confidence in Germany improves, as Ifo business climate index at 10-month high

German business morale improved further in the current month, as business confidence surged to the highest level in 10 months, a sign the Euro zone's number one economy is set to pick up steam on the back of massive stimulus and a favourable exchange rate.

Mon, 27 Apr 2015 05:15:04 GMT

Highlights of the week ended April 24

BoC Governor Stephen Poloz said the January interest-rate cut helped to put the nation's economy back on track amid rebounding crude prices, and added the biggest risk to the outlook may be outperformance of the US.

Fri, 24 Apr 2015 06:24:04 GMT

China's manufacturing activity continues to slow in April, falling to 12-month low

A preliminary reading of China's manufacturing sector's performance showed a further decline in activity in April, which fell to the lowest level in 12 months, adding to signs Beijing's efforts to cushion a slowdown are yet to help the nation's factories.

Fri, 24 Apr 2015 06:13:04 GMT

Swiss trade balance rises in March, economic expectations improves in April

Switzerland's trade balance rose unexpectedly in March, according to Federal Statistical Office.

Fri, 24 Apr 2015 06:00:25 GMT

UK retail sales unexpectedly fall in March, budget deficit narrows more than estimated

Retail sales in Britain unexpectedly declined last month, driven down by a plunge in sales at petrol stations.

Fri, 24 Apr 2015 05:50:03 GMT

US unemployment claims rise, while activity growth in manufacturing sector slows

The number of applications for US unemployment benefits remained below $300,000 for the seventh consecutive week, adding to signs of a rebound in payrolls after hiring declined in March.

Fri, 24 Apr 2015 05:39:04 GMT

Euro zone's fundamentals surprise to downside

A set of red numbers came out on Thursday from the Euro zone's member states as fundamentals appeared to be worse than expected.

Thu, 23 Apr 2015 07:02:03 GMT

China's manufacturing activity continues to slow in April, falling to 12-month low

A preliminary reading of China's manufacturing sector's performance showed a further decline in activity in April, which fell to the lowest level in 12 months, adding to signs Beijing's efforts to cushion a slowdown are yet to help the nation's factories.

Thu, 23 Apr 2015 06:51:03 GMT

Australia's inflation continues to cool, adding to speculation of further rate hike

Inflation in Australia cooled for the third consecutive quarter, giving the Reserve Bank of Australia the green light for further monetary policy easing.

Thu, 23 Apr 2015 06:35:04 GMT

BoE votes unanimously to keep rates, shares upbeat outlook for Euro zone

Bank of England officials voted unanimously to maintain interest rates unchanged at a record low of 0.5% in April, with very low inflation being the main reason for keeping a steady stance on monetary policy.

Thu, 23 Apr 2015 06:24:03 GMT

US existing home sales rise to 18-month high in March, NAR says

Sales of previously owned homes surged to the highest level in 18 months last month, as more homes came to the market, a sign the housing market is regaining momentum after a tepid beginning to the year.

Thu, 23 Apr 2015 06:13:04 GMT

ECB continues to supply Greek commercial banks with more cash

The European Central Bank will continue supplying Greek commercial banks with more cash as long as they stay solvent and have enough collateral, Executive Board Member Benoit Coeure said.

Wed, 22 Apr 2015 07:16:06 GMT

RBA signals further rate cuts to help rebalance Australia's economy

The Reserve Bank of Australia signalled further interest rates cuts may be required to help rebalance the Australian economy that is struggling to grow.

Wed, 22 Apr 2015 07:05:07 GMT

Canada's wholesale trade falls to 6-month low

Canadian wholesale trade unexpectedly fell to its lowest level in six months in February, Statistics Canada data reported.

Wed, 22 Apr 2015 06:43:05 GMT

Japan logs first trade surplus in three years, as exports soar

Japan's exports outperformed imports in March for the first time in almost three years, according to the Finance Ministry's data.

Wed, 22 Apr 2015 06:32:04 GMT

German ZEW economic expectations index unexpectedly falls

German investors remained optimistic in April, even though sentiment unexpectedly deteriorated.

Tue, 21 Apr 2015 09:59:18 GMT

Poloz satisfied with effect of January interest rate cut on Canada's economy

Bank of Canada Governor Stephen Poloz said the January interest-rate cut appears to have helped to put the nation's economy back on track amid rebounding crude prices, and added the biggest risk to the outlook may be outperformance of the world's number one economy.

Tue, 21 Apr 2015 09:59:08 GMT

New Zealand annual rate of inflation falls to the lowest in 15 years

New Zealand annual rate of inflation fell to the lowest level in 15 years in the first quarter, reinforcing the view that the Reserve Bank of New Zealand may consider lowering its interest rates later this year.

Tue, 21 Apr 2015 09:58:56 GMT

PBoC unexpectedly cut RRR to 18.5% after lackluster economic data

The People's Bank of China announced that it cut the level of funds that commercial banks must hold in reserve by one percentage point.

Tue, 21 Apr 2015 09:58:46 GMT

Timing of US interest rate hike depends on economic performance, Dudley says

The timing of the first US interest rate hike in a decade continues to depend on economic performance, according to New York Federal Reserve President William Dudley.

Tue, 21 Apr 2015 09:58:37 GMT

German producer prices rise slightly in March, but decline on a yearly basis

Factory prices in the Euro zone's number one economy rose modestly in March from February, but dropped for the 20th consecutive month, when measured on an annual basis.

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