Canadian economic growth disappoints in October

Dec 24, 2015 00:28 am UTC| Commentary

After contracting by 0.5% in September, economic activity in Canada was flat in October, disappointing expectations for an increase in real GDP of 0.2%. Output in both the goods and services-producing sectors were...

US total durable goods orders were unchanged on the month in November

Dec 23, 2015 23:12 pm UTC| Commentary

US total orders for durable goods were unchanged on the month in November, coming in above the forecast (-1.0%) and consensus expectations (-0.6%). Non-defense aircraft orders did post the sharp decline as expected (-22%...

Mexico IGAE index: Services still driving economy

Dec 23, 2015 22:33 pm UTC| Commentary Economy

The Mexican economy expanded 0.2% m/m sa in October according to the IGAE index, higher than expected because of a good performance in services (0.4% m/m sa), offset partially by declines in secondary and primary...

Taiwan November IP: Sequential improvement continues

Dec 23, 2015 22:20 pm UTC| Commentary

Taiwans industrial production fell 4.94% y/y in November, which was better than expected (consensus: -5.55%) However, there was a minor downward revision for October, to -6.3% from -6.2% (Sep: -5.5%). The headline number...

Norway's unemployment remained unchanged in October

Dec 23, 2015 22:14 pm UTC| Commentary

The LFS unemployment seems to be levelling out after a sharp rise the last year. That is in line with Norges Banks viewLFS unemployment rate in October was 4.6%, unchanged from last month and in line with consensus....

Currency War Series

Mexico CPI: Forget about inflation in the near future, Banxico will follow the Fed

Dec 23, 2015 21:22 pm UTC| Commentary Central Banks

Mexicos CPI increased 0.26% 2w/2w in the first fortnight of December as a result of price increases in airfares and tourism services, partially compensated by lower prices in some durables such as televisions and tires....

Norway's unemployment rate increases as expected

Dec 23, 2015 16:59 pm UTC| Commentary

The LFS unemployment seems to be levelling out after a sharp rise the last year. That is in line with Norges Banks view LFS unemployment rate in October was 4.6%, unchanged from last month and in line with consensus and...