US auto sales - who needs holidays?

Sep 02, 2015 16:08 pm UTC| Commentary Economy

The August LV selling rate (SAAR) came in at 17.72MM (+1.6% YOY) vs consensus of 17.3MM and well above the 6-mth run rate of 16.99MM. Abs sales were only down 60 bps y/y, a strong performance considering the August 2014...

U.S. economic data remains in the spotlight

Sep 02, 2015 15:10 pm UTC| Commentary Economy

In these turbulent times we must take a step back and look at the economic data that provides a positive backdrop for corporate earnings - the fundamental driver of markets. The flurry of economic data that is being...

Mexico consumer confidence likely to tick up

Sep 02, 2015 11:54 am UTC| Commentary Economy

Consumer confidence in Mexico, having stalled over the past two to three quarters, saw a sudden surge in June, reaching its highest level since August 2013. The sharp jump was quite a surprise, materialising in the wake of...

Global growth slowdown persists

Sep 02, 2015 10:37 am UTC| Insights & Views Economy

The Chinese economy is in slowdown mode, global markets and the economies linked to Chinas growth face further challenges. Downward bias in commodity prices, and the renewed increase in financial market turbulence are...

Lower oil and weaker China to create havoc for African economies

Sep 02, 2015 09:57 am UTC| Insights & Views Economy

In post 2008 crisis world, along with emerging markets, African economies rose to prominence as many economists considered the region as next destination, though to present high level of economic expansion and...

Decline in Brazilian IP likely continued in Q3

Sep 02, 2015 06:30 am UTC| Commentary Economy

Brazils industrial production fell 6.7% yoy in Q2 (down 2.1% qoq on seasonally adjusted basis) after falling 5.9% yoy in Q1 ( down 2.4% qoq). Given the shape of domestic and external demand, the same pace of decline is...

US economy gains momentum

Sep 02, 2015 06:04 am UTC| Commentary Economy

The US economy is showing signs of improving momentum after a weak start to the year, led by consumer and housing activity. Solid job growth, rising income gains, low gas prices, and pent-up demand should sustain the...