-
May 4, 18 •
1517 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Australia’s 1st quarter revives with the trade surplus; Eurozone inflation seeing a slowdown and the US worker productivity has increased just modestly in the 1st quarter
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...
-
May 3, 18 •
1519 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Eurozone economic growth slower in the first quarter, while the UK PMI higher at 52.5 in April; FOMC left interest rates unchanged
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...
-
Apr 30, 18 •
1634 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Friday brought disappointing numbers from the Eurozone and the US economy growth slowed in the first quarter
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...
-
Apr 27, 18 •
3070 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on ECB keeps the minimum bid rate unchanged; US unemployment and durable goods orders better than expected
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...
-
Apr 26, 18 •
3088 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on UK may get closer cooperation with the European Union if Britain stays in the EU single market and customs union
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...
-
Apr 25, 18 •
3246 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Australian inflation rates remain below the target, signaling no change in interest rates; low business confidence coming from Germany, Italy and France
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...
-
Apr 24, 18 •
1573 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Eurozone business activity growing, but euro is rising concern; investors cautious over May rate hike, maintain sterling at 2 week low
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....
-
Apr 23, 18 •
3287 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on BoE rate hike next month may not be a done deal; Trump slams OPEC over high oil prices
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...
-
Apr 20, 18 •
3150 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Disappointing employment news from Australia yesterday, along with the UK Retail Sales; today a light session ahead
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...
-
Apr 19, 18 •
1548 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on EU inflation confirmed at 1.0%, while headline inflation down to 1.3%, followed by an unexpected slope in UK inflation
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...