US durable goods orders expected to post largest gain in four months

Nov 24, 2015 00:46 am UTC| Commentary

Powered by an anticipated surge in transportation equipment requisitions, durable goods bookings likely climbed by 3.5% in October, recouping all but a fraction of the 4.1% decline recorded over the August-September span....

Mexico inflation remains low on food and transport prices; core inflation rising

Nov 24, 2015 00:32 am UTC| Commentary Economy

While the headline inflation rate has slipped further over the past couple of months, core inflation has moved up from 2.3% yoy in August to 2.47% yoy in October on the back of a rise in inflation in categories such as...

Currency War Series

No further BI easing expected in 2015

Nov 24, 2015 00:11 am UTC| Commentary Central Banks

Potential Fed rate hike in December the constraint to easing. Better current account data, contained inflation and a recovering currency have provided BI with the previously elusive opportunity to shift its focus to growth...

UK retail sales strong underneath the choppy survey readings

Nov 23, 2015 23:49 pm UTC| Commentary

The CBI Distributive Trades survey reading for reported sales oscillates wildly from month to month, having fallen from 49 in September to only 19 in October. This is a function both of large monthly fluctuations in sales...

Currency War Series

BoK will remain on hold in 2016

Nov 23, 2015 23:29 pm UTC| Commentary

Further BoK rate cuts are not expected in 2016, as policymakers will maintain a wait-and-see stance. The ongoing recovery in domestic demand fuelled by credit expansion (especially household credit) is likely be the main...

German domestic demand back on track in Q3

Nov 23, 2015 23:15 pm UTC| Commentary Economy

In Q3, German GDP grew by 0.32% qoq, according to the preliminary release, which compared with 0.44% in Q2 and was lower than the 0.36% forecast. This weeks release will provide the first breakdown of growth, which should...

US home prices likely accelerated in September

Nov 23, 2015 22:42 pm UTC| Commentary

Figures released by real estate data provider CoreLogic suggest that home selling prices in the twenty metropolitan areas covered by the more widely followed SP/Case-Shiller (SPCS) survey climbed by 0.9% in September - the...