Mexico's inflation drags in 2015

Dec 22, 2015 21:59 pm UTC| Commentary

The sources of the moderation in inflation were generally in line with the view, although the adjustment was clearly sharper than anticipated. Over the five years through 2014 regulated gasoline prices had increased around...

Russia's business surveys firmed in November

Dec 22, 2015 21:25 pm UTC| Commentary

The manufacturing PMI was little changed in November, staying marginally above the neutral threshold at 50.1. Both output and new orders indices were up marginally on the month, while the employment gauge declined at the...

US Q3 GDP prints better than expected figures, solid domestic activity partially offsets weakness

Dec 22, 2015 19:29 pm UTC| Commentary

The third estimate of Q3 GDP came in at 2.0% q/q saar, a touch stronger than forecast (1.8%) and consensus (1.9%) estimates. The main surprise came from fixed investment and inventories. Equipment spending was revised up...

US existing home sales suffer a setback in November, but temporary factors likely at play

Dec 22, 2015 17:02 pm UTC| Commentary Real Estate

Sales of existing homes slumped by 10.5% m/m to 4.76 million units (annualized) in November, coming in considerably weaker than expectations, which called for a 5.35 million print. Revisions to the prior month were also...

Sweden’s retail sales continues to beat all expectations

Dec 22, 2015 17:01 pm UTC| Commentary

For the second straight month Swedens retail has beat expectations. Following already strong readings in recent months, retail sales inched further in November. Retail sales increased by 0.4% over the month and by 5.2 %...

November US existing home sales plummet as disclosure requirements extend closing times

Dec 22, 2015 16:43 pm UTC| Commentary Real Estate Economy

Sales of existing homes plunged 10.5 m/m in November, to 4.76mn, well below forecast and consensus expectations for sales of about 5.30mn. The drop in sales was broad based across regions, with regional sales down between...

Commodities snapshot (precious & industrial)

Dec 22, 2015 15:42 pm UTC| Commentary

Metal pack is down today. Performance this week at a glance in chart table - Gold - Gold is marginally down after two days of recovery. Todays range $1074-1081 Gold is currently trading at $1075/troy ounce. Immediate...