Bank of Korea likely to deliver another 25 bp rate cut in Q1 2016
Dec 31, 2015 04:41 am UTC| Commentary
In Korea, the broader trend remains steady, while the domestic and services stabilised after MERS outbreak, the challenging export environment and some sequential playback in private consumption are expected to show slow...
Korean inflation likely to creep higher in next two years
Dec 31, 2015 04:38 am UTC| Commentary
Koreas inflation accelerated to 1.3% yoy in December which came in above expectations and registered highest recording from August 2014. This firming in headline was supported by food and retail clothing prices. Along...
Norway growth likely back after some weak months?
Dec 31, 2015 03:07 am UTC| Commentary
Norway retail sales rose in recent months, but it is still early to say that growth is back after some weak months. Retail sales rose by 0.6% mom in November coming in better than consensus expectations. With 0.6%mom...
Crude oil takes a second leg down in 2015
Dec 30, 2015 19:06 pm UTC| Commentary
As the year comes to a close a review must be made to understand why the crude oil prices collapsed in 2015. Oil has taken tremendous blows this year from a number of different sources including unnaturally high...
US pending home sales falls in November
Dec 30, 2015 16:24 pm UTC| Commentary
Pending home sales dropped 0.9% m/m in November, well below forecast (1.3%) and consensus (0.7%) expectations of a solid monthly increase. However, upward revisions to previous months data boosted the y/y increase to 5.1%,...

Additional downgrades for Brazil likely to take place in coming months
Dec 30, 2015 09:26 am UTC| Commentary
Brazil was downgraded by Fitch in mid December, following SP decision in summer. This is second agency to downgrade Brazil to below investment grade. Moodys will follow and also that additional downgrades will take...
Mexican peso likely to remain near 17.00 in the near future
Dec 30, 2015 08:07 am UTC| Commentary
Many investors expect Banxico to follow Fed in lockstep. Governor Carstens stated a change in policy meetings schedule to follow US Federal Reserve. Inflation is at all time lows, near 2.3% yoy against the target range...