Indonesia's external sector concerns to weigh on the decision

Jun 18, 2015 07:23 am UTC| Commentary

Domestic demand in Indonesia seems to be weaken, in that context, BI would have little monetary policy space to cut rates in order to prop up the weak demand.Societe Generale forecasts, 2015 GDP would grow at a rate of...

BI likely keep BI rate unchanged

Jun 18, 2015 07:20 am UTC| Commentary

Bank Indonesia (BI) is expected to continue to keep its rate on hold in June, despite clear signs of economic weakness emerging. With inflation hardening and the IDR remaining much weaker than official expectations, a rate...

Banxico minutes could provide further insight into balance of risks

Jun 18, 2015 07:16 am UTC| Commentary

As expected, the Bank of Mexico kept its policy rate unchanged at 3.0% at its June board meeting. The statement was relatively upbeat on growth and the labour market compared with the banks recent statements and...

Surge in gasoline price likely to lift US CPI

Jun 18, 2015 07:10 am UTC| Commentary

US gasoline prices reversed sharply in May, having risen by a little more than 10% mom. Given a very small seasonal adjustment in May, the SA index is expected to show a 9.8% increase, states Societe Generale. Food prices...

Russia's labour participation rate likely remain above 69%

Jun 18, 2015 07:01 am UTC| Commentary

The general dichotomy between real wages and the unemployment rate is likely to persist in Russia.The real wages should continue to react in a proactive manner, while unemployment should remain virtually unchanged. Nominal...

Russia's headline retail sales set to slide further

Jun 18, 2015 06:51 am UTC| Commentary

In the aftermath of a negative surprise on Russias retail sales both in food and non-food components in April. Muted growth in nominal income, stall speed in retail credit growth and unprecedented price growth that...

Russian capital expenditure to demonstrate resilience

Jun 18, 2015 06:44 am UTC| Commentary

Russian capital spending remains the most resilient component of domestic demand which was marginally supported by a rather rapid restoration of overall profits and abundant government spending since the start of 2015....