China’s economy may dominate global market considerations from the start of the week onward

Oct 15, 2015 21:49 pm UTC| Commentary Economy

Chinas economy may dominate global market considerations from the start of the week onward. The country releases Q3 GDP growth into the Asian market open on Monday. Obviously markets trade on it, but the aftermath will...

US consumer prices likely ran out of energy last month

Oct 15, 2015 05:13 am UTC| Commentary Economy

Sans projected movements in US food (0.2%) and energy components, the core CPI probably continued apace, rising by 0.1% (0.148% unrounded) for a third consecutive month. Increased vehicle and shelter costs, along with a...

Price effects likely caused softness in US September retail sales

Oct 15, 2015 05:04 am UTC| Commentary Economy

US retail sales rose 0.1% m/m in September. However, the details of the report painted a softer picture of nominal consumption spending than expected. The retail control group, our preferred measure of core retail...

South Korean economy shows sign of improvement

Oct 15, 2015 04:56 am UTC| Commentary Economy

The Bank of Korea held the policy rate at 1.5% in October, as expected. The BoK revised its growth forecasts for 2015 and 2016 marginally lower, cutting both 10bp, to 2.7% and 3.2%, respectively. The reductions were...

US October Beige Book cites modest pace of economic expansion

Oct 14, 2015 20:10 pm UTC| Commentary Economy

The Federal Reserves Beige Book, which contains an assessment of economic conditions from the 12 Federal Reserve districts through October 5, reported that economic activity continued to expand at a modest pace from late...

Troubling data from U.S questions economic growth

Oct 14, 2015 17:32 pm UTC| Commentary Economy

Economic data from around the globe was released today, nearly all pointing in a negative direction. Headline U.S. retail sales inched up a slight 0.1 percent while retail sales excluding autos dropped 0.3 percent and PPI...

Brazil’s retail sales indicate that Q3 consumption could be nearly 45% worse than estimated

Oct 14, 2015 16:53 pm UTC| Commentary Economy

At -6.9% yoy (-0.9% mom), August retail sales were much weaker than expected and the worst since early 2003. All of the major sales segments fell sharply - with the exception of medical care and cosmetics - as consumers...