-
Jun 25, 18 •
1483 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Euro zone flash services PMI grew unexpectedly in June; Canadian retail sales and CPI worse than expected
On Friday the readings from the Euros zone portrayed a picture of better state of the overall economy, with a decent performance in the 2nd quarter, where the private sector business growth was better than expected in June. The two biggest economies of the...
-
Jun 22, 18 •
1397 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on SNB and BoE keep rates on hold; Philly Fed manufacturing index fell in June
On Thursday the investors were closely monitoring the interest rate decisions of Swiss National Bank and Bank of England, where both have their interest rates unchanged. The SNB left the benchmark of interest rates at record-low levels, while signaling that...
-
Jun 21, 18 •
1610 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on ECB officials concerned about the threat of trade war, while the EU is to impose duties on US imports this Friday
According to Reuters, ECB is portraying optimism, while there are actually growing concerns between the officials regarding the looming trade war that could derail the euro zone’s recovery and place additional complications on the exit from the current...
-
Jun 20, 18 •
1532 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on US housing starts rise in May, but homebuilder sentiment drops in June due to the higher lumber costs; ECB’s Draghi seeks patience with rate hikes
On Tuesday, investors were mainly looking at the readings coming from the United States due to the lack of important macro-economic events, where the US home building rose in the previous month coming at 1.35 million, as opposed to the expected 1.31 million....
-
Jun 19, 18 •
1445 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on ECB rate hike decision may be expected in autumn 2019; expectations for rebound of German economy in the second quarter; UK’s economic growth slowed down due to Brexit
On Monday we have heard from the Governing Council member Mr. Vasiliauskas that the ECBs’ interest rate decision is possible around autumn next year. Last week, the European Central Bank stated that the expectations are for the key interest rates to stay...
-
Jun 15, 18 •
1547 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on ECB leaves the interest rates unchanged; better than expected retail sales readings from the UK and US
On Thursday, investors were closely monitoring the European Central Bank’s decision regarding the interest rates, and as expected, they remained on hold, however bond-purchasing stimulus program wind up can be expected towards the end of the year. It is...
-
Jun 12, 18 •
1611 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Unexpected drop in UK factory output and economic growth continues to remain weak
On Monday we have witnessed a surprising drop in the UK’s manufacturing output that fell 1.4% in April, with the consensus expecting a gain of 0.3%. In addition, the industrial production fell by 0.8% in April, whereas in March we have seen a gain of 0.1%....
-
Jun 11, 18 •
1536 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on G7 meeting commenced with Trumps’ threats on trade; official response comes from France to new European reform proposals
The G7 meetings started on Friday the 8th of June with a note from the US President Trump regarding the threat of trade war. As per Bloomberg, Trump has posted several tweets, stating that he is looking forward for the talks and resolving the long time unfair...
-
Jun 8, 18 •
1470 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on US unemployment claims drop; Euro zone growth slowed amid trade war fears
On Thursday we have witnessed a fall of US jobless weekly claims, which suggest a further tightening in labor market conditions. The number of Americans that filed for unemployment benefits fell by 1,000 last week, which was more than expected. The numbers...
-
Jun 7, 18 •
1586 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on ECBs’ chief economist confirms June meeting as essential for deciding on the bond-buying program
Yesterday Mr. Peter Praet, chief economist of ECB has confirmed that the meeting to be held next week will be crucial to reach the decision on when to end the bond buying program. In addition, according to Bloomberg, the members are expecting a discussion...