US import prices likely gained in March

Apr 11, 2016 12:40 pm UTC| Commentary

US import prices have dropped for eight months. However, it is likely to have increased by 1.5% in March, according to Societe Generale. Trend implies that import prices will improve sooner as the pace of declines has...

Brazil’s retail sales likely rebounded a bit in Feb, but points downside risk to consumption growth in Q1

Apr 11, 2016 12:39 pm UTC| Commentary

In January, pace of slowdown of Brazils retail sales sharpened unexpectedly in January. Labor market and overall sentiment continue to indicate towards weak growth in consumption in the coming quarters but growth in retail...

Worrisome Signs Series

Worrisome Signs Series: ‘GDP Now’ points U.S. economy at brink of recession

Apr 11, 2016 12:05 pm UTC| Commentary Economy

Just 2 months ago, Atlanta FEDs GDP forecast model was predicting 2.5% annualized growth for first quarter in United States. By March second week model growth dropped to 2.3%, but after that it started declining sharply...

China’s economic growth likely moderated in Q1 2016, services sector a key growth driver

Apr 11, 2016 11:54 am UTC| Commentary

Chinas economic growth is likely to have moderated to 6.5% in Q1 2016, according to ANZ. In January and February of 2016, activities continued to be slow; however, there are signs of stabilization seen in March, noted ANZ....

U.K Gilts slump on expectation of strong consumer inflation

Apr 11, 2016 11:45 am UTC| Commentary

The U.K gilts slumped on Monday as market anticipate stronger consumer price figure on Tuesday and awaits the Bank of England MPC policy rate decision and statement on Thursday. The benchmark 10-year bonds yield, which is...

Chile’s central bank likely to keep policy rate unchanged

Apr 11, 2016 11:33 am UTC| Commentary

In the recent months, Chiles central bank has taken on a wait-and-see stance after hiking rates in Q4 2015. The central banks tone was less dovish during its March meeting than it was in its previous meetings. The BCCh...

Pound rallies, thank it to Euro

Apr 11, 2016 11:30 am UTC| Commentary

In recent times, rally in Pound has become a rare phenomenon as most of the time it is under selling pressure due to the possibility that United Kingdom may exit from European Union, creating huge political and legal as...