Slower activity abroad to weigh on US trade and inventories
Oct 26, 2015 07:35 am UTC| Commentary Economy
Along with US private consumption, growth in business investment underpinned import growth of 4.5% during the quarter. Exports, however, have not kept pace as activity abroad has softened since mid-year and the effects...
Mexico's economy slowing down further in Q3
Oct 26, 2015 06:04 am UTC| Commentary Economy
Economic activity in Mexico has surprised on the upside in recent months considering the slowdown in industrial production. However, the recent trade and IP numbers put supply side growth close to 2.1% yoy in August. Based...
US home selling prices probably climbed in August
Oct 26, 2015 04:50 am UTC| Commentary Economy
Figures collected by real estate data provider CoreLogic suggest that US home selling prices in the twenty metropolitan areas covered by the more widely followed SP/Case-Shiller (SPCS) survey rose by 0.6% in August,...
Recession is unlikely in Taiwan
Oct 26, 2015 02:13 am UTC| Commentary Economy
The preliminary GDP estimate for 3Q15 is in focus this week. The year-onyear growth is expected to register -0.3%, a further decline from 0.5% in 2Q15 and the first negative reading seen over six years since 3Q09. If...
The skepticism on the outlook of the Chinese economy has remained
Oct 26, 2015 02:05 am UTC| Commentary Economy
Skepticism over the outlook has remained in spite of stronger-than-expected 3Q15 GDP growth of 6.9% YoY. That was followed almost immediately by the simultaneous cut of 25bps/50bps respectively on benchmark rates/reserve...
Mexico economy slowing down further in Q3
Oct 26, 2015 00:28 am UTC| Commentary Economy
Mexico economic activity has surprised on the upside in recent months considering the slowdown in industrial production. However, the recent trade and IP numbers put supply side growth close to 2.1% yoy in August. Based on...
EM economic growth, another round of disappointment
Oct 23, 2015 14:53 pm UTC| Commentary Economy
When the IMF published its latest WEO forecast, it also marked the ninth consecutive time that it revised down its emerging market and developing economies growth forecasts. The continual downward revisions raise the...
Canada retail sales rises in September