US durable goods order likely grew in January

Feb 25, 2016 09:15 am UTC| Commentary

US durable goods order is expected to have grown 5.3% in January on commercial jetliner-led snapback in transportation-equipment requisitions. This will more than counter the 5% decline in December. Reflecting a likely...

Australia’s capital expenditure grew in Q4/2015, likely to weaken in 2016

Feb 25, 2016 07:34 am UTC| Commentary

Australias total real capital expenditure in Q4 2015 grew 0.8%, as compared with the 8.4% fall in Q3 2015. The growth was mainly due to the more than expected outcome in mining, likely owing to the volatility of the...

Oil in Global Economy Series

Industrial commodities’ prices likely to recover further through 2016 as markets tighten

Feb 25, 2016 06:52 am UTC| Commentary

Many industrial commodities prices, including base metals and oil, seem to be finding a floor, based on the day-to-day volatility. This is consistent with the relative positive outlook for the remainder of 2016. However,...

Mexico’s mid-February CPI rises surprisingly, inflation likely to remain on target for long time

Feb 25, 2016 06:05 am UTC| Commentary

Mexicos mid-February CPI rose 0.29% 2w/2w on additional price increases in prices of perishable good that rose 2.08% 2w/2w. Core inflation accelerated on par with expectations. Core other goods prices rose 0.57% 2w/2w,...

US new home sales fall in January on major decline in West region

Feb 25, 2016 05:42 am UTC| Commentary Real Estate

US new home sales in January declined to 494k, a larger decline than expected. The fall in sales was mainly due to the West region, where sales and increased sharply in the prior two months. The Northeast and the South...

Currency War Series

National Bank of Hungary likely to lower rates in Q2 2016

Feb 25, 2016 05:14 am UTC| Commentary

In 2015, the Hungarian economy performed very well. The economy is likely to have expanded above trend in 2015 after many years of stagnation. This led to stronger price pressures with core CPI inflation accelerating from...

Asian markets trading on a mix note on the back of global uncertainties

Feb 25, 2016 03:29 am UTC| Commentary

The current uncertainty over production cut talk of crude is highly responsible for the directionless movement of the Global stock markets. Major Asian markets are trading on a mix note on Thursday morning. In addition,...