Mexican private consumption likely to remain constrained for some time; might hamper growth

Aug 02, 2016 13:10 pm UTC| Commentary

The Mexican peso is one of the worst performing currencies year to date in Latin America and in the broader emerging market space. This is because of the high correlation of the peso with the oil price and the investors...

Canadian bonds plunge as crude oil prices rebound; employment data in focus

Aug 02, 2016 13:02 pm UTC| Commentary

The Canadian government bonds plunged after global crude oil prices rebounded on Tuesday after falling by 10 percent in one week. The yield on the benchmark 10-year bond which moves inversely to its price fell 4 basis...

US Treasuries trade lower despite weak economic data, employment report eyed

Aug 02, 2016 12:45 pm UTC| Commentary

The US Treasuries gains stalled on Tuesday, largely rebuffing weaker than expected US economic data. Markets now look ahead to June personal income/spending and July vehicle sales data on Tuesday. However, the key focus...

Euro area July final services, composite PMIs likely to have remained same as flash readings

Aug 02, 2016 12:42 pm UTC| Commentary

Euro areas services and composite PMIs are likely to have confirmed the flash figures for the month of July. According to a Societe Generale research note, the services PMI for the currency bloc is expected to come in at...

Brazilian inflation likely to continue to moderate, albeit at slower pace

Aug 02, 2016 12:42 pm UTC| Commentary

Brazilian inflation is expected to continue to decelerate, albeit at a slower rate than anticipated a month earlier. The mid-month IPCA-15 series indicated that Junes marginally lower food inflation was possibly not an...

Swiss retail sales extend decline in June, falls deeper than expected

Aug 02, 2016 12:41 pm UTC| Commentary

Swiss retail sales continued to decline in the month of June, with the decline staying wider than what the markets had expected. Retail sales declined by real 3.9 percent year-on-year in June, faster than the 1.7...

Indian consumer confidence index dips in Q2, says Nielsen

Aug 02, 2016 12:12 pm UTC| Commentary

Indias consumer confidence index slowed during the second quarter, concerns over fuel prices and rising inflation, making the country lose the top position it occupied for the last two years, to a survey by market insight...