Fed statement is all about wording
Jul 29, 2015 15:05 pm UTC| Commentary
The Federal Open Market Committee will release a policy statement today after day two of its July meeting. As economists see essentially zero chance of a rate increase this week, the spotlight shifts to any information the...
Portfolio rebalancing after start of QQE in Japan
Jul 29, 2015 14:35 pm UTC| Commentary
The Bank of Japan (BoJ) introduced its quantitative and qualitative easing (QQE) policy in April 2013 to achieve its price stability target of a 2% YoY increase in the CPI within about two years. Two years have passed, but...
U.S. Pending Home Sales (June)
Jul 29, 2015 14:29 pm UTC| Commentary
U.S. pending home sales unexpectedly fell in June. The 1.8% drop was the first setback after five straight monthly gains and hints at a cooler existing home sales result for July. And note that new mortgage applications...

US real business activity likely to show positive sign in Q2
Jul 29, 2015 12:58 pm UTC| Commentary
US real GDP and real consumption spending data for Q2 is scheduled to release on 30th July. The two macroeconomic indicators posted -0.2% and 2.1% growth respectively in Q1. Societe Generale estimates, the real GDP...

Brazil's fiscal numbers will be watched carefully
Jul 29, 2015 12:46 pm UTC| Commentary
Brazils fiscal data for June is expected to release on Friday. Recent efforts to improve the primary balance could result in better numbers in H2, but the limitations on revenue growth continue to cast a shadow on that...

Monetary policy remains key tool for BCB
Jul 29, 2015 12:23 pm UTC| Commentary
Brazil recorded 8.5% year on year inflation in June. Due to the inflation rate acclerate, the averate inflation projection for 2015 has been revied up. Societe Generale estimates the economy is likely to post 9.0% in 2015....

Mexico's inflation likely to accelerate
Jul 29, 2015 10:38 am UTC| Commentary Central Banks
Banxico recently adjusted its monetary policy meeting calendar in order to make a decision right after the FOMC meetings. Banxico will meet on July 30 that is one day after the todays Fed decision, which will be held...