BNM expected to keep rates on hold through 2015

Sep 10, 2015 06:38 am UTC| Commentary

Malaysias July IP surprised to the upside and posted at 6.1%, even as activity remains resilient despite the weaker exchange rate and falling confidence. On a seasonally adjusted m/m basis, production fell by 0.1% m/m....

SARB's tightening cycle to end soon

Sep 10, 2015 06:26 am UTC| Commentary

The output gap in South Aferican economy is widening for about a year now. Unemployment rates have increased to new cycle highs. Moreover, supply side bottlenecks may subside. Volumes in mining production have been on the...

US merchant wholesalers’ stocks probably jumped in July

Sep 10, 2015 05:59 am UTC| Commentary

Led by a demand-induced jump in US motor vehicles stocks, the nominal value of merchant wholesalers inventories likely climbed by 1.3% in July, after an above-consensus 0.9% build in June. This forecast, if accurate,...

US import price declines likely quickened in August

Sep 10, 2015 05:55 am UTC| Commentary

Widespread reductions is foreign product costs probably pared US Import Price Index (IPI) by 1.6% in August, following a 0.9% decline in July. Imported petroleum quotes likely plunged by an additional 9.9% during the...

French industrial production to be firm in July

Sep 10, 2015 05:55 am UTC| Commentary

The Banque of France survey of the manufacturing sector suggests that manufacturing output increased in July at a below-trend pace and stalled in August. The INSEE survey of the manufacturing sector showed that the...

Brazil inflation still accelerating, with upside risk to medium-term outlook

Sep 10, 2015 05:52 am UTC| Commentary

Releases through mid-August show that Brazil inflation continued to accelerate in Q3 despite signs that price adjustments in regulated spending categories are nearly over. In fact, two such key categories, housing and...

China's money growth to moderate

Sep 10, 2015 05:49 am UTC| Commentary

Chinass new bank lending likely dropped to CNY1000bn, from CNY1,480bn in July. However, considering the CNY400bn LGBs issued under the debt-swap programme in August, the actual increase in bank loans was probably close to...