Emerging Market Crisis Series

Mexico’s inflation acceleration likely to continue through Q3 2016

Feb 23, 2016 09:13 am UTC| Commentary

In January 2015, Mexicos inflation decelerated by almost 1% from its end-2014 levels due to the weakness in consumer prices - mainly due to the impact of lower energy, telecoms, and other housing segment prices. This...

Negative Rates Series

Bank of Japan likely to lower rates further into negative territory in June and H2 2016

Feb 23, 2016 09:12 am UTC| Commentary

The Bank of Japan in January adopted negative interest rates. It introduced a three-tier interest rate system that splits the Bank of Japans balance of current account in three parts and applies different interest rates on...

Briferendum Series

Briferendum series: Exit groups’ arguments

Feb 23, 2016 08:35 am UTC| Commentary

UK Prime Minister David Cameron and his 27 European Union counterparts reached an agreement last Friday that is expected to help Mr. Cameron to convince voters and his cabinet members to vote and to campaign in favor of...

Indian policymakers unfazed by rupee’s depreciation

Feb 23, 2016 08:16 am UTC| Commentary

Since the beginning of 2016, the Indian rupee, like many major EM currencies, has declined significantly against the US dollar. However, there is little reason for the central bank policymakers to panic. Firstly, the...

Key commentaries from Abdalla El-Badri

Feb 23, 2016 06:50 am UTC| Commentary

Organization of Oil Exporting Countries (OPEC) general secretary, Abdallah Salem El-Badri tried to convince market participants around the world that OPEC is not a dead organization and the steps taken recently should be...

Mexico’s December retail sales decline, GDP growth likely to be lower than forecast

Feb 23, 2016 06:42 am UTC| Commentary

Mexicos December retail sales fell 1.4% m/m in seasonally adjusted terms. The decline was mainly due to fall in sales of domestic equipment, paper and entertainment, cars and food, among other components. The countrys...

Euro area February flash PMI drops, weak global demand becoming drag on euro area confidence

Feb 23, 2016 06:27 am UTC| Commentary

The euro area flash composite PMI dropped in February to a 13 month low of 52.7. Manufacturing has again set off the brunt of the downward adjustment, with output dropping by 1.5 points to 51.9. Meanwhile, the services...