Plausible optimistic scenario in Italy

Oct 13, 2015 03:50 am UTC| Commentary

The Italian governments 2016 budget will try not to impair the nascent economic recovery. Thus, the public deficit would only be marginally brought down in 2016 (to 2.2% of GDP from the 2.6% expected in 2015) as a result...

Mexico manufacturing set to decelerate

Oct 13, 2015 03:42 am UTC| Commentary

Mexicos industrial production increased 0.2% m/m sa in August as a result of a positive performance in manufacturing (1.0% m/m sa) partially offset by reductions in the production of mining (-0.3%) and in construction...

Asia stocks decline as risk sentiment sours after china data

Oct 13, 2015 03:22 am UTC| Commentary

Chinese exports fell for the third month in a row and imports dropped for the 11th-consecutive month in September, highlighting the soft state of demand in China as the worlds second-biggest economy faces its weakest...

Americans have ‘saved’ about $178bn at the pump. Where did the money go?

Oct 13, 2015 02:22 am UTC| Commentary

Gasoline prices have drifted back lower since June and even though summer vacation is over and the kids are back at school, Americans are driving more again. For many, driving is recreation and that means demand responds...

India's September CPI inflation along expectations, production surprises

Oct 13, 2015 02:11 am UTC| Commentary

Along expectations, fading base effects lifted September CPI inflation to 4.4% YoY from Augs 3.7%. Crucial southwest rains were 14% below long-term average between June and September, with the fallout by far limited mostly...

Further PBoC monetary loosening is in place

Oct 13, 2015 01:54 am UTC| Commentary

PBoC will expand a program that permits commercial banks to borrow from it using loans as collateral. It would include nine more cities and provinces, including Beijing and Shanghai, after it was launched in Shandong...

Euro Area 2016 Draft Budget Plans: Spain at risk of non-compliance; Italy to use all the flexibility

Oct 13, 2015 00:46 am UTC| Commentary

October 15th is the final deadline for submitting the 2016 Draft Budgetary Plans (DBP) to the European Commission. Spain sent its DBP in early September, requesting an earlier assessment in order for the parliament to...