Pace of U.S. private-sector job gains to hold steady in September

Sep 29, 2015 05:16 am UTC| Commentary

Despite its admittedly spotty record in predicting the U.S. official government series, ADP Research Institutes private payroll tally could color market expectations heading into the Bureau of Labor Statistics September...

Chile's unemployment rate likely to rise further in August

Sep 29, 2015 05:13 am UTC| Commentary

With Chiles labour force having posted its sharpest rise in eight months, the unemployment rate rose from 6.5% to 6.6%, though Chiles employment growth in July was the sharpest in fifteen months. A more average pace of...

U.S. Q3 GDP tracking 2.4% after August personal income and spending

Sep 29, 2015 05:05 am UTC| Commentary

U.S. personal income rose 0.3% m/m in August, a bit less than expected, as July data were revised higher (0.5% m/m, initial: 0.4%). Incomes gains were driven by wages and salaries, which grew a solid 0.5% m/m (previous:...

Brazil's IP falling this year at double the pace of H2 14

Sep 29, 2015 04:59 am UTC| Commentary

With Brazil economy still in a considerable mess and domestic demand falling, there is little reason to believe in a quick turnaround. The year-to-date industrial production fell 6.6% yoy until July and the pace of decline...

Poland CPI likely remained unchanged in September

Sep 29, 2015 04:55 am UTC| Commentary

The Central Statistical Office will begin publishing Poland CPI flash estimates from September. The final figure will be released on 15 October. Deflation in September likely remained unchanged at -0.6% yoy. In monthly...

Weak pass-through of RBI policy rate cut remains a concern

Sep 29, 2015 04:52 am UTC| Commentary Central Banks

The pass-through of RBI policy rate cuts to bank lending rates remains fairly weak. So far, the average pass-through has been barely 30bp in response to 75bp of rate cuts by the RBI. Recently, HDFC Bank announced an...

Japanese PM announces three new “arrows”

Sep 29, 2015 04:51 am UTC| Commentary

Japans prime minister Abe laid out a new set of economic policies to usher in the next stage of Abenomics, the three new arrows. The arrows are: 1) Hope: shaping a strong economy, 2) Dreams: providing assistance for...