Today’s macro commentary – Friday, August 15.
UK 2Q GDP growth came today 0.8% as expected, but it's bit out-of-date as NIESR published more advanced reading of 0.6% GDP growth for last...
Today’s macro commentary – Thursday, August 14.
Pound is retreating after yesterday's Mark Carney's speech. BoE governor admitted that labor market condition is worse than MPC had anticipated, and bank rates...
Today’s macro commentary – Wednesday, August 13.
Yesterday's EMU data showed that economic sentiment declined the most since the beginning of the year questioning very modest outlook for EU economy.
On the...
Today’s macro commentary – Tuesday, August 12.
NAB business sentiment last night has soared to 11 from 8 previously along with HPI which accelerates to 1.8% vs. 1.1% expected and 1.5%...
Today’s macro commentary – Monday August 11.
Last week's data was particularly good for US, especially services PMI and Jobless Claims. On the other hand, UK is slowing in terms of...
Today’s Macro Commentary – Thursday, August 7
Thursday’s macro calendar is almost bursting at the seams. The vast amount of information, including the Australian employment report, two central banks (BoE, ECB),...
Daily macro commentary – Monday, August 4
Last week ended with quite a disappointment on Friday, when the data on personal spending and the unemployment rate came clearly weaker than expected,...
Macro data yesterday was positive for EMU, US and Canada
- Europe experience drop in unemployment, Germany retail sales picked up to 1.3% and personal consumption in France surged. However, broad CPI measure fell...