Morning Roll Call

After the disappointing end to last year, the Australia’s trade surplus came to a 10 month peak yesterday for the month of March. According to the Australian Bureau of Statistics, approvals for new house building has reached a 3 year high in March, with swift population growth supporting the construction requirements for the coming months. […]

It has been expected that the economic growth of the euro zone will be on the slower side in the first quarter, however according to Reuters, economists expect a stronger expansion this year. The GDP over the 19 countries of the EU has expanded by 0.4% in the first quarter as opposed to the last

The European trading time started with disappointing data from France, Spain and Germany, where the consumer spending, flash CPI and unemployment change have showed worse than expected results. The French economic growth slowed more than expected at the start of the year. According to INSEE statistics agency, the economy grew 0.3% in the first 3

Yesterday the investors were closely monitoring the moves of the ECB, which has left the interest rates on hold, as it was expected, and made no changes to its monetary policy. Mario Draghi and the ECB officials gave an indication that the Central Bank would take cautious moves towards winding up the asset purchase program,

Initially Britain has stated that it would drop the EU single market and customs union after Brexit, however this decision of Prime Minister Theresa May has been challenged by the House of Lords last week, and the lower chamber is expected to hold a follow-up vote in May, according to Reuters. Officials in Brussels have

Yesterday we have seen a lower rise in Australia’s consumer prices, compared to the last quarter, indicating that the central bank may keep the interest rate son hold. According to Craig James from Commonwealth Bank of Australia’s securities unit, it seems that the Reserve Bank will not be interfering with the interest rates soon as

Last year, the Eurozone was one of the best performing major economies, which was an unexpected occurrence. However, after peaking in January, the fears around the US-China trade war have influenced the growth that slowed down in the following months. Yesterday we have seen the release of euro zone, Germany’s and France’s PMI (an indicator

As soon as the investors through that next month BoE rate hike is a done deal, Governor Mike Carney hampered the deal unexpectedly. According to Bloomberg, Carney stated that he does not want to be too focused on the precise timing and is concentrating on the more general path, while Britain should prepare for a

Yesterday we have witnessed some disappointing news from Australia, where the employment rose less than forecasted, causing the currency to dip. The employment was weaker than the consensus and Nomura estimates, with seasonally adjusted 4,900 persons in March, as opposed to the 20,300 forecasted. The unemployment rate was the same as the estimate, coming at

The Eurozone inflation came out yesterday, and it rose less than expected in March, making it a difficult task for ECB to bring the inflation to close to 2% target. In 2017, the inflation rate was 1.5%, while in February 2018 it was 1.1% and according to the latest reading, 1.3% in March 2018. Regarding