Central Europe growth likely steady
Aug 07, 2015 06:51 am UTC| Commentary
In Central Europe, solid growth continued in Q2 and will prove to be persistent. In Poland, growth has been steady for the last 10 quarters, and this trend is expected to continue with growth at 3.4% y/y, the same pace as...
Russia’s recession likely deepening
Aug 07, 2015 06:45 am UTC| Commentary
Russias growth continued to diverge, with recession in Russia versus strong growth in CEE and Israel. Russia indicators point to a deepening recession in Q2."GDP might have fallen 4.4% y/y from -1.9% y/y in Q1. This...
Cautious bias may give way to Bank of Thailand's further easing
Aug 07, 2015 06:41 am UTC| Commentary
Bank of Thailand also left rates unchanged this week. While the decision was unanimous, the bank remains cautious on growth. Poor weather and weak external demand are bearing down on activity, which has been supported by...
Russia's inflation likely to fall due to base effects
Aug 07, 2015 06:34 am UTC| Commentary
Russia inflation increased in July to 15.6% y/y as a result of government hikes in utility prices. Base effects suggest that inflation should decline in Q4 15 and Q1 16 particularly, says Barclays. Recent RUB volatility,...
Key drivers of RBI rate cut in September
Aug 07, 2015 06:06 am UTC| Commentary
The RBI noted that "Significant uncertainty will be resolved in the coming months, including the likely persistence of recent inflationary pressures, the full monsoon outturn, as well as possible Federal Reserve actions....
RBI likely to cut rates in Septmeber
Aug 07, 2015 06:00 am UTC| Commentary
The Reserve Bank of India keeps rates on hold, but a rate cut is expected from the September 29 policy meeting. RBI held its key policy rates unchanged this week, but gave hints of further easing in upcoming...
PMI continues to point to weak activity in China and export oriented Asian economies
Aug 07, 2015 05:55 am UTC| Commentary
Other than Emerging markets in Asia, PMIs also point to weakness in activity. Only in India is the PMI above 50, while in export-oriented economies such as Taiwan and Korea, PMIs have been below 50 for four consecutive...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned