Mexico's inflation likely to slip again in September
Sep 24, 2015 06:29 am UTC| Commentary Economy
Mexicos inflation slipped below 3.0% (the Banxicos target) in May for the first time in a decade and has declined even further since then, as core inflation remained at its lowest level ever at 2.3% and food inflation fell...
Fiscal risks and weak growth add pressure on BRL
Sep 23, 2015 04:22 am UTC| Commentary Economy
Little reason is seen to believe that BRL depreciating trend is over. Brazil economic activity continues to collapse and political commitment to push forth the necessary structural reforms remains lacking. As such,...
Impact of weaker euro visible but only on import prices
Sep 23, 2015 03:18 am UTC| Commentary Economy
The pass-through of a weaker euro (which depreciated 10% between July 2014 and July 2015) so far can only be traced to the early stages of the price chain, i.e. import prices growth has gone from -1% to 1.8% yoy during the...
U.K. economy loses steam- CBI Survey
Sep 22, 2015 10:40 am UTC| Insights & Views Economy
Bank of England (BOE) officials have remained positive over UKs economy, however survey by conference board says otherwise. Manufacturing output growth has stalled in September, first time in two and half years as...
Brazil's current account improvement continues on falling imports
Sep 22, 2015 05:37 am UTC| Commentary Economy
Growth weakness at home is helping on the external front of Brazil although export growth probably remains under pressure (at least in dollar terms). Going forward, gains on the export front is expected given the...
Falloff in US transport bookings likely pared durables orders in August
Sep 22, 2015 04:55 am UTC| Commentary Economy
A sharp reduction in commercial jetliner bookings, combined with the first decline in motor vehicle bookings since May, likely trimmed transport requisitions by a hefty 8.0% during the reference period, following an...
UK public finances continue on their improving path
Sep 22, 2015 04:51 am UTC| Commentary Economy
UK budget deficit is clearly improving compared to the previous fiscal year. In the four months to July, spending was flat compared to the same period a year earlier whereas revenues were up 4.4%. As always, there are...