Private sector credit cycle to turn less supportive in Brazil

Oct 27, 2015 21:57 pm UTC| Commentary Economy

For roughly ten years, a relatively buoyant economic backdrop, resumption of financial stability (after the turmoil associated with the 2002 election) and lenient financial policies (at least in the past half-decade)...

Brazil private sector’s external debt has increased in the past half decade

Oct 27, 2015 20:43 pm UTC| Commentary Economy

The Brazilian private sector has increased its international debt to a greater degree than the sovereign, and it is not inconceivable that in a stress scenario, some of this debt could become a public-sector liability....

Slower activity abroad to weigh on US trade and inventories

Oct 26, 2015 07:35 am UTC| Commentary Economy

Along with US private consumption, growth in business investment underpinned import growth of 4.5% during the quarter. Exports, however, have not kept pace as activity abroad has softened since mid-year and the effects...

Mexico's economy slowing down further in Q3

Oct 26, 2015 06:04 am UTC| Commentary Economy

Economic activity in Mexico has surprised on the upside in recent months considering the slowdown in industrial production. However, the recent trade and IP numbers put supply side growth close to 2.1% yoy in August. Based...

US home selling prices probably climbed in August

Oct 26, 2015 04:50 am UTC| Commentary Economy

Figures collected by real estate data provider CoreLogic suggest that US home selling prices in the twenty metropolitan areas covered by the more widely followed SP/Case-Shiller (SPCS) survey rose by 0.6% in August,...

Recession is unlikely in Taiwan

Oct 26, 2015 02:13 am UTC| Commentary Economy

The preliminary GDP estimate for 3Q15 is in focus this week. The year-onyear growth is expected to register -0.3%, a further decline from 0.5% in 2Q15 and the first negative reading seen over six years since 3Q09. If...

The skepticism on the outlook of the Chinese economy has remained

Oct 26, 2015 02:05 am UTC| Commentary Economy

Skepticism over the outlook has remained in spite of stronger-than-expected 3Q15 GDP growth of 6.9% YoY. That was followed almost immediately by the simultaneous cut of 25bps/50bps respectively on benchmark rates/reserve...