Mexico’s trade deficit likely to have increased in June on slowdown in exports

Jul 25, 2016 12:12 pm UTC| Commentary

Mexicos trade deficit is expected to have broadened in June due to subdued exports. The recent rate of drop in merchandise exports and imports is not quite different from the trend seen in the fourth quarter of 2015 or the...

Briferendum Aftermath Series

Briferendum Aftermath Series: Sturgeon warns on hardship, keeps all options open

Jul 25, 2016 11:38 am UTC| Commentary

Scottish first minister Nicola Sturgeon has warned that the United Kingdom may be heading towards a hard exit from the European Union and she sees that as a threat to Scotland. She expects that kind of an exit will add to...

BCB’s statement highlights central bank’s lack of confidence for medium-term inflation path

Jul 25, 2016 11:36 am UTC| Commentary Central Banks

During its latest monetary policy meeting, the Central Bank of Brazils monetary policy Committee (Copom) kept the benchmark interest rate on hold at 14.25 percent, as was widely anticipated. However, the statement, which...

Currency War Series

BoJ likely to ease interest rates on stagnant growth, continued risk of deflation

Jul 25, 2016 11:35 am UTC| Commentary

The Bank of Japan is expected to ease interest rates at its monetary policy meeting scheduled for July 29 as stagnant growth and continued riskof deflation will weigh on BoJ Governor Kurodas decision. Among the easing...

Brazil’s current account balance likely to come in negative in June

Jul 25, 2016 11:31 am UTC| Commentary

Brazils current account balance has recovered from 2014s deficit of USD 104.2 billion to 2015s deficit of USD 58.9 billion. The current account has continued to rebound at an extreme rate through May as trade surplus...

Migrant Crisis Series

European Refugee Crisis: four attacks within a week likely to weigh over German election

Jul 25, 2016 11:19 am UTC| Commentary

Four attacks within a span of four weeks have rocked German people to the core. On 19th July, an afghan man attacked with aknife and anaxe in Wuerzburg that severely injured four people. On Friday, June 22nd, David Ali...

Australia Q2 inflation likely to stay low; calls for another rate cut get shriller

Jul 25, 2016 10:44 am UTC| Commentary

Australias consumer price inflation during the second quarter is expected to repeat its dark performance during the years first quarter, dipping to a fresh low that may call for another rate cut by the Reserve Bank of...