Deceleration in Mexico's inflation supports the view that Banxico should remain on hold in December
Nov 24, 2015 17:05 pm UTC| Commentary
Mexico CPI increased 0.52% 2w/2w due to the seasonal adjustment in electricity tariffs, price increases in perishables but partially offset by no core inflation (0.0%2w/2w) as the market expected a 0.16% increase, derived...
U.S. GDP positive revision spurred by inventory adjustment
Nov 24, 2015 16:45 pm UTC| Commentary
The U.S. economy grew faster than expected in Q3 as GDP beat estimates to grow at a 2.1 percent annualized rate. The upward revision was primarily from the big reduction in inventory accumulation to a smaller -.60, from...
US consumer confidence drops in November
Nov 24, 2015 16:20 pm UTC| Commentary
The Conference Boards index of consumer confidence fell to 90.4 in November, posting a sharp decline against the forecast (100.0) and consensus (99.5) expectations for an improvement. The October reading for the headline...

S&P/Case Shiller survey shows a modest acceleration in home prices in September
Nov 24, 2015 16:00 pm UTC| Commentary Economy
The SP/Case-Shiller 20-City Home Price Index increased more than expected in September, showing some modest acceleration in the pace of house price gains. Home prices were up 0.6% m/m, and the y/y rate increased to 5.5%...

Currency snapshot (major pairs)
Nov 24, 2015 15:59 pm UTC| Commentary
Dollar index trading at 99.67 (-0.08%). Strength meter (today so far) - Euro +0.04%, Franc +0.08Yen +0.29%, GBP -0.42% Strength meter (since last week) - Euro -0.02%, Franc -0.05%, Yen +0.13%, GBP -0.84% EUR/USD...
US Q3 GDP revised higher to 2.1% on stronger inventories
Nov 24, 2015 15:55 pm UTC| Commentary
In the second estimate of Q3 GDP, the BEA revised growth higher to 2.1% q/q saar from 1.5% previously, in line with forecast (2.1%) and consensus expectations (2.1%). The source of the upward revision was growth in private...
U.S. economy grows 2.1% in Q3, better than originally thought
Nov 24, 2015 15:51 pm UTC| Commentary
Real gross domestic product (GDP) grew by 2.1% in the third quarter (according to the second estimate), up from an advanced estimate of 1.5% and bang-on consensus. Another measure of economic output, real gross domestic...