
Mexican consumer confidence to tick up in August
Sep 01, 2015 04:32 am UTC| Commentary
Mexican consumer confidence, having stalled over the past two to three quarters, saw a sudden surge in June, reaching its highest level since August 2013. The sharp jump was quite a surprise, materialising in the wake of...
RBA confronting riskier outlook
Sep 01, 2015 04:30 am UTC| Commentary Central Banks
A lot has happened since the RBAs August meeting, the net effect of which must have been to make the RBA board a good deal more concerned about downside risks to the outlook. To a large extent these risks emanate from...
Pressure on the Brazil Real to add risks to rate expectations
Sep 01, 2015 04:27 am UTC| Commentary
Brazils Real (BRL) has depreciated nearly 6% since the last Copom meeting and it has depreciated 14% so far this quarter. The fact that the BRL remains under heavy pressure even at current levels could keep the BCB on its...
Brazil real interest rates to be much higher in 2016
Sep 01, 2015 04:23 am UTC| Commentary
Meanwhile, the real interest rate remains below 5% despite significant tightening as IPCA inflation rose to 9.57% yoy through mid-August. It is difficult to predict if the current level of real interest rates is sufficient...
Daily Economics Outlook: 1st September 2015
Sep 01, 2015 04:22 am UTC| Commentary
On a busy day for economic data, the manufacturing PMI outturns for August may shed some light on the impact of the recent bout of market volatility and renewed concerns about global growth on business sentiment."Our own...
Daily Economics Outlook: 1st September 2015
Sep 01, 2015 04:22 am UTC| Commentary
On a busy day for economic data, the manufacturing PMI outturns for August may shed some light on the impact of the recent bout of market volatility and renewed concerns about global growth on business sentiment."Our own...

BCB close to end its tightening cycle
Sep 01, 2015 04:19 am UTC| Commentary
The key addition to the BCBs usual short post-Copom statement at the July meeting was - "The Committee understands that the maintenance of this basic interest rate level, for a sufficiently long period, is necessary for...