Mexico monetary policy on hold, inflation should be close to 3% in 2016

Oct 29, 2015 21:03 pm UTC| Commentary Economy Central Banks

Banxico decided to maintain the reference rate at 3.00% as expected. The press release highlights that the balance of risks to growth has worsen since the previous meeting while the inflation outlook remains the same,...

Euro zone growth dynamics solid, while inflation dynamics weak

Oct 29, 2015 13:43 pm UTC| Insights & Views Economy

Todays series of data from Euro zone economy shows that economic activities have remained solid in Euro Zone. Survey shows that businesses are more confident over future growth and rise in consumption. Retail sales...

Brazil economic and political challenges

Oct 29, 2015 11:17 am UTC| Commentary Economy

The economic and political challenges faced by Brazil have been immeasurably complicated by the political scandal surrounding Petrobras, alleged campaign finance irregularities and, more recently, assertions that the...

Brazil's private sector credit cycle to turn less supportive

Oct 29, 2015 10:53 am UTC| Commentary Economy

In Brazil, for roughly ten years, a relatively buoyant economic backdrop, resumption of financial stability (after the turmoil associated with the 2002 election) and lenient financial policies (at least in the past...

US economy strong enough to handle a stronger USD?

Oct 29, 2015 05:17 am UTC| Commentary Economy

The USD rallied broadly following the FOMC statement. Against market expectations, the Fed maintained its outlook for moderate growth, focusing on the economyscumulative improvement since early this year, and removed the...

Hourly labour costs in EU likely rose

Oct 29, 2015 03:11 am UTC| Commentary Economy

The hourly labour costs in euros is given in the table. In Q2 2015, the average hourly labour cost was 29.6 in the euro area. The highest hourly labour cost was seen in Ireland at 43.2 an hour. This compares with 32.8,...

Japan's industrial production to offer cues on BOJ stimulus

Oct 28, 2015 11:22 am UTC| Insights & Views Central Banks Economy

Japans industrial production data is due for release on Oct 29, Thursday, a day before BOJ policy meeting, at which the c.bank mulls further stimulus. The production data is of great significance as a gauge on whether the...