Fed's stance to impact Mexican monetary policy decisions in coming quarters

Sep 09, 2015 05:43 am UTC| Commentary

Given the developments in Mexico, and the growth weakness in H1, we do not see anything seriously disturbing the status quo. Inflation is expected to rise only modestly over the next 12 months and have therefore cut our...

Mexican inflation continues to fall at moderate pace as core prices remain weak

Sep 09, 2015 05:40 am UTC| Commentary

Mexican inflation slipped below 3.0% (Banxicos target) in May for the first time in a decade and has continued to fall over the past three months, as core inflation remained at its lowest level ever at 2.3% and food...

China's money growth to moderate in August

Sep 09, 2015 05:37 am UTC| Commentary

Chinas money and credit data for August are likely to have normalised lower in August, after the surprisingly strong readings in July given stock-market rescue measures. M2 growth is expected to have moderated to 12.6%...

UK trade deficit to maintain most of the recent improvement

Sep 09, 2015 05:37 am UTC| Commentary

Within the total deficit, the most heartening feature of late has been the contraction in the nonoil goods deficit. This development is surprising, given that it has coincided with a fall in exports orders and a dip in...

UK manufacturing output should rise again

Sep 09, 2015 05:34 am UTC| Commentary

Output fell by a total of 1% between March and May before recovering by a modest 0.2% in June. There was a significant weakening of the manufacturing PMI in the period immediately preceding that but it then stabilised...

Slowing Czech inflation will ease pressure on koruna

Sep 09, 2015 05:32 am UTC| Commentary

Czechs July CPI decreased another 0.2% after Junes one tick decrease. The prices are not reflecting the strong domestic demand. The core prices should virtually stagnate, the food prices are to continue their seasonal...

Australian labor market likely quite in August

Sep 09, 2015 05:28 am UTC| Commentary

Australias Julys labour market report surprised in just about every aspect, with large moves in all key measures. We expect the August report to reverse a substantial part of these changes, as we believe sample rotation...