Mexico CPI increased 0.37% m/m in September
Oct 08, 2015 21:57 pm UTC| Commentary
Mexico CPI increased 0.37% m/m in September. This was the result of no inflation observed in the second half of the month (consensus: 0.42%), due to unexpected price reductions in perishables. However, core inflation...
Canadian new home construction heats up in September
Oct 08, 2015 21:38 pm UTC| Commentary
Consistent with the strength in the existing home market so far in 2015, Canadian new home building also heated up in September. Builders broke ground on 230,701 (annualized) new units in September - the highest level of...
FOMC minutes of the September meeting revealed little new
Oct 08, 2015 21:19 pm UTC| Commentary
The FOMC minutes of the September meeting revealed little new. Many members thought the conditions for a rate hike had either been met or would be met soon, but several members believed there were greater downside risks to...

Are Chinese exports still falling at a relatively rapid year-ago clip?
Oct 08, 2015 20:58 pm UTC| Commentary
The print for September arrives early in the week and consensus thinks that yes, indeed, they are still falling at about a 6% y/y pace. The outlook for Chinas current account balance and the narrower trade account balance...
Growth in US domestic demand suggests solid economic growth will continue
Oct 08, 2015 20:51 pm UTC| Commentary
The market perception is correct that global influences and the high greenback are biting into near-term economic growth. Third quarter real GDP is tracking only 1.5% (annualized), about a percentage point less than what...
September FOMC minutes: Delay was not a “close” call
Oct 08, 2015 20:27 pm UTC| Commentary
Since the September FOMC meeting, a number of FOMC participants have declared that the decision to not raise rates was "close." The minutes do not justify this interpretation of the meeting. Most participants agreed that,...
Minutes of Fed's September meeting
Oct 08, 2015 19:05 pm UTC| Commentary
Minutes from the Federal Open Market Committees (FOMC) September meeting show the balance of opinion among members coalescing on rate hikes this calendar year. As the minutes put it, "most participants continued to...