Mexico's GDP growth slowed further in Q2; H2 prospects intact

Aug 17, 2015 21:22 pm UTC| Commentary Economy

The industrial production and economic activity releases suggest that growth likely slowed to 2.0% yoy in Q2 (0.6% qoq on a seasonally adjusted and sequential basis) even though activity growth improved to 2.2% yoy in...

Brazil's inflation acceleration continues in Q3

Aug 17, 2015 20:59 pm UTC| Commentary Economy

While mom prices rose 0.62% in July, less than the 0.79% mom in June, annual inflation jumped to 9.56% yoy from 8.89% yoy in June. The acceleration was quite broad-based with the mom rate of price change exceeding their...

Brazil inflation acceleration continues in Q3

Aug 17, 2015 06:01 am UTC| Commentary Economy

While Brazil mom prices rose 0.62% in July, less than the 0.79% mom in June, annual inflation jumped to 9.56% yoy from 8.89% yoy in June. The acceleration was quite broad-based with the mom rate of price change exceeding...

Global Reflation Series

Japan's economy likely at start of full scale reflation

Aug 17, 2015 05:18 am UTC| Commentary Economy

Due to the fall in oil prices, Japans CPI has stalled, while wages have been increasing since the start of the new fiscal year in April. As a result, real household income is recovering and consumer sentiment is now...

Developed markets drive record global car sales in 2015

Aug 16, 2015 07:08 am UTC| Commentary Economy

Global car sales advanced a slower-than-expected 2% in the first half of 2015, but remain on target to climb to the sixth consecutive annual record. Purchases are being supported by strengthening job creation in developed...

Currency War Series

China stuns markets, but Fed focused on U.S. fundamentals

Aug 16, 2015 07:01 am UTC| Commentary Economy

After holding the Renminbi-USD exchange rate relatively steady for the past few years, China announced on Tuesday that it had lowered the midpoint of the daily trading range (fix) of the RMB relative to the USD by 1.9%....

Stronger retail sales fails to reignite Dollar

Aug 13, 2015 13:22 pm UTC| Insights & Views Economy

US retail sales not only surprised to upside, June was revised higher. Headline sales rose by 0.6% in July from June. The data was much better, given June sales were revised upwards from -0.1% to +0.2%. Core sales...