Expecting weak exports, strong imports and smaller trade surplus in South Korea

Oct 27, 2015 23:08 pm UTC| Commentary

The interim data to 20 October point to weak exports and strong imports, which is reflected in the forecasts. Exports are expected to decline from $43.5bn in September to $43.0bn in October, which would be rather...

Copom minutes to show BCB’s assessment of medium term inflation risk

Oct 27, 2015 22:34 pm UTC| Commentary Central Banks

The BCBs decision to leave rate unchanged was widely expected. The bank added a sentence to its short statement (The Copom emphasizes that monetary policy will remain vigilant to achieve this goal) that may arguably be...

South Korea's industrial production likely rebounded, mainly driven by non-electronics sectors

Oct 27, 2015 22:18 pm UTC| Commentary

South Koreas industrial production is expected to have rebounded rather significantly in September, mainly on the strength of non-electronics sectors such as auto. The pickup in electronics exports in the September trade...

Private sector credit cycle to turn less supportive in Brazil

Oct 27, 2015 21:57 pm UTC| Commentary Economy

For roughly ten years, a relatively buoyant economic backdrop, resumption of financial stability (after the turmoil associated with the 2002 election) and lenient financial policies (at least in the past half-decade)...

Inflation momentum in Australia gradually picking up

Oct 27, 2015 21:50 pm UTC| Commentary

Consumer price data for the third quarter is expected to point to a gradual increase in price pressures, though at this stage there is in the view little risk of underlying inflation breaking out of the RBAs target band of...

Expect Brazil's politics to be a driver, but focus on inflation as fundamental risk

Oct 27, 2015 21:23 pm UTC| Commentary

In this context, and in a scenario in which weak politics prevent a reasonably prompt consolidation of the core economic policy framework, it seems that investors should view inflationary developments over the next 3-12...

US real consumer spending probably entered Q4 with the wind at its back

Oct 27, 2015 21:06 pm UTC| Commentary

Capped by a projected slowdown in private-sector wage and salary disbursements, personal income likely edged just 0.2% higher in September - the weakest result since March. Available data suggest that nominal consumer...