Mexican economy unlikely to gain back momentum before 2017
May 16, 2016 08:45 am UTC| Commentary
The Mexican economy continues to grow at a stronger rate amidst a challenging environment. The nations GDP grew 2.8% y/y in the first quarter of 2016. The first estimates noted that the Mexican economy grew 0.8% as...
Briferendum Series: BOE likely to execute 2009 like policies in the event of Brexit
May 16, 2016 08:44 am UTC| Commentary Central Banks
One of the biggest risk, both United Kingdom and Bank of England (BOE) facing is stagflation. Market participants have priced a much weaker Pound in the event of an exit and weaker Pound may lead to sharp rise in...
Chile’s central bank to keep policy rate on hold at 3.5pct
May 16, 2016 08:17 am UTC| Commentary
Chiles central bank is expected to continue with its stance of wait-and-see. The BCCh started this mode after its hawkish moves in the fourth quarter of 2015. During its April meeting, the central banks tone was less...

May 16, 2016 08:17 am UTC| Commentary
The final April HICP release is set to confirm the flash at -0.2% yoy. The French unemployment rate is set to fall by one tick to 10.2% in Q2 16. The EC is expected to publish its country specific recommendation this...

Crude remains biggest factor in inflation expectations
May 16, 2016 08:10 am UTC| Commentary
FED officials have reiterated many a times that with 2016 approaching and crude oil already very low, its effect over inflation will fade with time, technically due to the base effect largely. Crude oils more than 60% drop...

Worrisome Signs Series: U.S. less than a percent away from recession
May 16, 2016 07:41 am UTC| Commentary
Over the past four decades and more, one reliable indicator has pointed to recession every time successfully and few years ahead. That indicators is the spread between short dated (2 year) and long dated (10 year) treasury...
India April WPI snaps 17-mos fall, up 0.34% on upswing in commodity prices
May 16, 2016 07:23 am UTC| Commentary
Indias wholesale price index rose, snapping a 17-month fall in April, largely due to rise in global commodity prices amid India Inc regaining some pricing power. WPI for the month of April rose 0.34 pct compared to...