Emerging Market Crisis Series

Brazil’s credit growth likely to have decelerated in May; trend to continue throughout 2016

Jun 27, 2016 10:05 am UTC| Commentary Economy

In 2016, Brazils outstanding credit has fallen in each month and is likely to have continued with the trend in May. Outstanding credit is expected to have dropped 0.1 percent m/m to BRL 3.140 billion, said Societe Generale...

Outcome of EU referendum generates new risks for US economic outlook

Jun 27, 2016 09:31 am UTC| Insights & Views Economy Commentary

The British vote to leave the EU has rattled markets across the globe, dampening the already weak global growth outlook. Initial extreme moves during the UK trading session were pared back with a chorus of central bankers...

U.S. advance goods balance likely to have widened in May

Jun 27, 2016 09:27 am UTC| Commentary Economy

The U.S. advance goods balance in May is expected to have broadened by around USD 2 billion to -USD 59.8 billion, said Societe Generale in a research report. Exports of goods are likely to have changed slightly in May;...

Briferendum Series

Brexit to negatively impact EU short-term growth outlook

Jun 27, 2016 09:26 am UTC| Commentary Economy

The decision of UK to exit the European Union will adversely impact the short-term growth prospect of the EU through a direct effect on trade, increased uncertainty and tightening of monetary and financial conditions due...

Briferendum Series

Brexit paints an unclear picture for EU’s long-term economic outlook

Jun 27, 2016 09:17 am UTC| Economy Commentary

The exit of the United Kingdom from the membership of the European Union has painted an unclear picture concerning the long-term outlook of the European Union. It will depend on what form the new EUUK relationship takes,...

China’s economic growth momentum begins to fade

Jun 27, 2016 07:39 am UTC| Commentary Economy

Chinas growth momentum is changing. Following a solid recovery in March, the latest data flow implies that the growth momentum of the Chinese economy is beginning to wane, said ANZ in a research note. Last month, Chinas...

US June consumer sentiment fades on concerns over economic outlook

Jun 27, 2016 07:37 am UTC| Economy Commentary

The United States consumer sentiment for the month of June faded on concerns over the nations economic outlook, even before possible repercussions from the United Kingdoms decision to leave the European Union. The...