Bank of Russia to continue cutting cycle, to begin rate cuts in Q3 2016
Mar 07, 2016 14:39 pm UTC| Commentary
Bank of Russia has kept its key interest rate on hold at 11% since July 2015. But sharply deteriorating inflation is makes a continuation of the cutting cycle seems imminent. Data released last week showed that Feb...
Consumer spending recovery in euro area likely slowing down
Mar 07, 2016 12:47 pm UTC| Commentary
The first estimate for euro areas Q4 GDP growth of 0.3% is unlikely to have been changed. The main focus in the release of the second estimate is expected to the breakdown of GDP by expenditure component. This is expected...
Germany’s industrial production likely recovered in January
Mar 07, 2016 12:30 pm UTC| Commentary Economy
Germanys industrial output is expected to have rebounded in January 2016 after recording weak growth in December. However, industrial sectors growth continues to be weak. Industrial production in December had dropped 1.2%...
Brazil’s inflation likely accelerated in February, upside risks to inflation continues to rise
Mar 07, 2016 12:16 pm UTC| Commentary
February is expected to have been the last month Brazils inflation accelerated given that the surge in regulated segments of housing inflation was executed in March. Hence, base effect is likely to eventually help...
Chile’s inflation likely decelerated slightly in February
Mar 07, 2016 11:45 am UTC| Commentary
Chiles inflation in January had accelerated slightly from December to 4.8% y/y. The acceleration was mainly because of certain changes in the administrative charges made by the government. In the coming months, this...
Mar 07, 2016 11:30 am UTC| Commentary
Chinas National Peoples Congress has cut 2016 economic growth target to 6.5-7% from 7% in 2015, on par with expectations. The governments promise to increase Chinas GDP per capita by two-fold by 2020 with average growth of...
Mar 07, 2016 10:40 am UTC| Commentary Economy
German factory orders for January were slightly lower than in December, registering -0.1%. However, this is smaller than one could have feared against the backdrop of recent decline in sentiment. The burden on...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects