Brazil inflation acceleration continues in Q3
Aug 19, 2015 04:19 am UTC| Commentary Economy
While Brazil mom prices rose 0.62% in July, less than the 0.79% mom in June, annual inflation jumped to 9.56% yoy from 8.89% yoy in June. The acceleration was quite broad-based with the mom rate of price change exceeding...
Aug 19, 2015 04:02 am UTC| Commentary
Vietnams central bank set the reference rate for the USD/VND rate at 21,890 on Wednesday, up 0.99% on Tuesdays rate. The State Bank of Vietnam also widened the trading band for the USD/VND to 3% per day, from 2%...
US Q3 GDP tracking 2.7% after strong July housing starts
Aug 19, 2015 03:47 am UTC| Commentary
US housing starts rose 0.2% m/m in July, to 1.206mn. Multi-family family starts fell 17.0% m/m in July, given the surge in June from the expiration of a tax incentive in the Northeast region. While permits for the...
China government spur short term "follow the leader" trading strategies
Aug 19, 2015 02:06 am UTC| Commentary
Foreign investors seen mimicking national team intervention in the stock market, disconnected from fundamentals: Buy index when market is falling Read more at WSJ: Beijing flounders on what it has done...
US: All quiet on the inflation front
Aug 19, 2015 01:56 am UTC| Commentary
At least that whats markets expect for todays CPI report. Both core and headline prices are expected to advance by 0.2% (MoM, sa) in July, which would leave core on-year inflation at 1.8% YoY and liftthe headline measure...
Malaysia to stay pat on monetary policy despite rising inflation
Aug 19, 2015 01:38 am UTC| Commentary Central Banks
A spike-up in inflation is expected. Headline CPI inflation for July is likely to register 2.8% YoY. This will be a sharp rise from 2.5% in the previous month. Second order price effects from the introduction of the GST as...
Indonesia: Disappointing investment growth weights on GDP growth
Aug 19, 2015 01:23 am UTC| Commentary Economy
Trade surplus in excess of USD 1bn used to prompt cheers in the markets but this was not the case for Julys USD 1.3bn. Perhaps markets are no longer concerned about the current account (C/A) deficit, which has indeed...