Mexican inflation falls further as core prices remain weak

Aug 24, 2015 04:31 am UTC| Commentary

Mexicos inflation slipped below 3.0% (the Banxicos target) in May for the first time in a decade and slid even further since then, as core inflation remained at its lowest level ever at 2.3% and food inflation fell to its...

Daily Economic Outlook: 24th August, 2015

Aug 24, 2015 04:19 am UTC| Commentary

Last weeks release of the July FOMC meeting minutes suggested that the burden remains on developments in US data to convince Fed policy makers of the merits of a policy tightening. With little in the way of key economic...

Taiwan IP likely contracted further on weak exports

Aug 24, 2015 04:11 am UTC| Commentary

Taiwan industrial production posted a negative growth rate of -1.4% in June, likewise commercial sales posted -4.3% growth. Taiwans export orders print slowed its decline slightly to -5% yoy in July from -5.8% yoy in...

Investors on edge as global market faces correction in 46 months

Aug 23, 2015 23:55 pm UTC| Commentary

The global market selloff continues today and investors are worried. While there is plenty to be concerned about there is also plenty to be encouraged about as well.The U.S. consumer is stronger than ever with record...

FX week ahead

Aug 23, 2015 23:48 pm UTC| Commentary

The calendar is light on big events this week, with the Jackson Hole Symposium-starting Thurs and running in the weekend-the only clear highlight. At the start of the week then, the focus is likely to remain on the...

Holes in the case for a September Fed hike

Aug 21, 2015 17:12 pm UTC| Commentary Central Banks

The constellation of adverse news from China continues to provide ample fuel for the risk-off theme in global markets. Augusts Chinese manufacturing PMI fell to its weakest reading since 2009. Meanwhile, the renewed...

Fed outlook: further delay is likely

Aug 21, 2015 16:53 pm UTC| Commentary Central Banks

The probability of a September hike in the fed funds rate has slipped below 50%. With the global growth outlook worsening and the dollar rising, a September hike could exacerbate declining risk appetite. Furthermore,...