Australia CPI, US FOMC await

Subscribe US durable goods orders tumbled by 3.4% in December. The reading, below the downwardly-revised 2.1% decline of November and expectations for an increase of 0.5%, was the fourth-straight month that a contraction had been recorded. Looking under the hood the...

ECB: Inflation or bubble builder?

€60b per month, starting in March and running through to September 2016, consisting of purchases of sovereign and private-sector securities with durations of 2 to 30 years for the former regardless of yield. Securities must be investment grade, some exceptions will...

Bank of Canada slashes rates, RBA next?

Subscribe The Bank of Canada shocked markets overnight, slashing interest rates by 0.25% to 0.75%. In the accompanying monetary policy statement released alongside the rate announcement the Bank noted that the decision was ‘in response to the recent sharp drop in oil...

ECB bets placed, markets revert to holding pattern

Subscribe US homebuilder confidence fell fractionally in January with the NAHB index slipping to 57. The reading was below the upwardly-revised 58 level of December, also the same figure expected for January, with small declines in single-family sales expectations...

China GDP tops estimates in Q4

Chinese Q4 GDP data has just been released with the annualised figure coming in ahead of market expectations. From a year earlier the economy grew by 7.3%, above forecasts for a decline to 7.2%. Looking at the monthly data both industrial production and retail sales...