Chile growth recovery halts in Q2
Aug 07, 2015 12:39 pm UTC| Commentary
Inflation moderation stops for now as Chilean peso depreciation hits prices a fresh round of substantial peso depreciation has halted the brief phase of inflation moderation.Societe Generale expects inflation to rise two...
Mexico industrial growth likely recovered in June
Aug 07, 2015 12:21 pm UTC| Commentary
Mexicos industrial production data is likely to release on 11th August.According to Societe Generale, "We continue to expect stronger manufacturing and trade gains in H2 15. Improvement in IP growth through the remainder...
RUB to weaker due to fall in current account surplus
Aug 07, 2015 10:27 am UTC| Commentary
Strong dividend payouts by Russian corporate will likely keep pressure on the RUB in the next 1-2 months by supporting meaningful capital outflows to offshore dividend recipients.Dividends constitute a large part of the...
ARA gasoil stocks have risen to a record level this week
Aug 07, 2015 09:28 am UTC| Commentary
The OSPs for the US were left unchanged, on the other hand, while those for Europe were actually lowered. Evidently the largest OPEC producer is still sticking with its strategy of defending market shares, as can also be...
Saudi Arabia sells crude at premium to Asian customers
Aug 07, 2015 09:24 am UTC| Commentary
Oil prices posted new multi-month lows yesterday, Brent priced for a time at below $49 per barrel - its lowest level since the end of January - and WTI dropping to a 4½-month low of nearly $44 per barrel. Prices...
France to harvest record wheat crop this year
Aug 07, 2015 09:23 am UTC| Commentary
France, the EUs largest wheat producer and exporter, could see a record crop. The current record, which was achieved in 1998, stands at 38.2 million tons. Agritel is predicting a wheat crop of 38.9 million tons. Despite...
Informa Economics raises its forecast for US soybean crop
Aug 07, 2015 09:21 am UTC| Commentary
Corn and soybean prices on the CBOT fell slightly yesterday. Soybeans closed at 943 US cents per bushel and corn at 370 US cents per bushel."One of the reasons for the moderate price falls is that market participants are...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned