Turkish economy is positioned to stage a modest recovery
Sep 30, 2015 22:59 pm UTC| Commentary Economy
The Turkish economy is positioned to stage a modest recovery growing at an annual average rate of 3.3% in 2015- 16, up from 2.9% in 2014. The Central Bank of the Republic of Turkeys (CBRT) recognizes that external economic...
Euro zone economic recovery has proven quite resilient this year
Sep 30, 2015 21:41 pm UTC| Commentary Economy
The euro zone economic recovery has proven quite resilient this year, despite turmoil in Greece, slower growth in emerging markets and recurring global commodity price shocks. Incoming business surveys continue to point to...
Brazil has become the centre of financial market turmoil in Latin America
Sep 30, 2015 21:31 pm UTC| Commentary Economy
The Brazilian real (BRL) is under escalating negative pressure fuelled by a complex domestic economic and political environment and adverse external factors. After touching 4.25 per US dollar (USD) in what many analysts...
US economy is showing signs of improving momentum, led by consumer and housing activity
Sep 30, 2015 21:11 pm UTC| Commentary Economy
The US economy is showing signs of improving momentum, led by consumer and housing activity. Solid job growth, rising income gains, low gas prices and pent-up demand should sustain the pickup in household spending into...
Brazil’s external debt is not among the worst in the EM world
Sep 30, 2015 20:53 pm UTC| Commentary Economy
Brazils external debt (ED) to GDP ratio - which declined to nearly 17% of GDP in 2008 and still stood at a moderate 25.2% at the end of 2013 - rose to 41% of GDP in Q3 15. While the increase in 2014 was driven by a rise in...
Brazil economy cannot expect policy led support to grow
Sep 30, 2015 03:47 am UTC| Commentary Economy
Structural reform can help Brazil in the longer run, but the possibility of medium-term recovery depends on the potential improvement in the external demand scenario. Following recent inflation releases, 2015 inflation...
The dichotomy between falling exports and recovering domestic demand in South Korea
Sep 30, 2015 01:44 am UTC| Commentary Economy
The trade and production data are due tomorrow. It has been reported that exports contracted 7.0% (YoY) in the first 20 days of Sep15, a smaller decline compared to -12.1% in the same period of Aug15. But the full-month...