US data surprises remains upbeat
Aug 27, 2015 04:52 am UTC| Commentary Economy
Choppy trading persists in the forex market with USD mixed across the G10 and EM universe. Rate cuts by Chinese policy makers helped lift some of the high-beta currencies, coinciding with the recovery in commodity prices....
Inflation expectations in U.S. drop to 5-year low
Aug 26, 2015 10:24 am UTC| Insights & Views Economy
Recent financial market turmoil and lower price of commodities including energy has made it tough for US central bankers to go ahead with a rate hike in immediate policy meeting scheduled for September 16th/17th. While...
More stagnant inflation for Japan in July
Aug 26, 2015 04:35 am UTC| Commentary Economy
There will be a base effect due to last years rise in oil prices that continued through to mid-2014. Although the BoJ is aiming at achieving a 2% price stability target, Japan CPI (excluding fresh food) likely fell below...
Brazil's GDP to contract heavily in Q2 and 2015
Aug 25, 2015 22:36 pm UTC| Commentary Economy
Brazils economic activity index suggests that the supply-side economy contracted -7.3% qoq (annualised ) or -3.1% yoy in Q2. This prompts to project Q2 GDP growth of -1.7% qoq (-7.0% annualised or -2.7% yoy for the...
Why are we not seeing a manufacturing rebound in the northeast of US?
Aug 24, 2015 16:24 pm UTC| Commentary Economy
The U.S. manufacturing sector enjoyed a relatively swift bounce-back during the recovery. However, the rising tide did not lift all boats equally, with factory activity in the Northeast showing little improvement. This...
Brazil Q2 GDP unlikely to fall
Aug 21, 2015 09:26 am UTC| Commentary Economy
The June monthly GDP proxy for Brazil contracted by 0.6% m/m sa is consistent with the 1.0% m/m sa contraction of industrial production and the 0.8% m/m sa drop in broad retail sales. In q/q terms, the monthly GDP proxy...
Eurozone growth loses steam slightly
Aug 20, 2015 16:06 pm UTC| Commentary Economy
Eurozone growth slowed slightly to 0.3% q/q in Q2, from 0.4% q/q in the two previous quarters. This slowdown can be attributed to the backlash in economic growth in France, the Netherlands and Austria. The modest rebound...