ECB has zero tolerance regarding EUR appreciation
Oct 27, 2015 07:16 am UTC| Commentary Central Banks
The slowdown in the emerging markets is starting to cast an ugly shadow on the euro area. However, corporates are not yet singing the blues, at least not according to the leading indicators. The manufacturing PMI remained...
Germany likely to post solid Ifo numbers
Oct 27, 2015 07:11 am UTC| Commentary
Todays Ifo numbers for October should reduce worries that the German economy is slowing fast due to a loss of momentum in Emerging Markets. The slowdown of China and other countries is a of course a challenge for the...
CBC likely to keep its benchmark rate unchanged
Oct 27, 2015 06:55 am UTC| Commentary Central Banks
Taiwanese industrial production fell 5.3% y/y in September, below expectations. As with the disappointing September exports release, a slow inventory adjustment continued to weigh on electronics. Indeed, TSMC Chairman...
Is Brazil more like Greece or Japan?
Oct 27, 2015 06:47 am UTC| Commentary
Having identified an unsustainable Brazils public debt as a core policy problem, it is natural to focus on a sovereign credit event as the primary risk. For Brazil, this is probably not right, or at least, a sovereign...
S.Korean exporters face cyclical downturn
Oct 27, 2015 06:34 am UTC| Commentary
South Korean exporters face a cyclical downturn as China and other Asian economies slow. This cyclical slowdown is complicated by a structural challenge. Chinas Made in China 2025 campaign aims to raise its...
S.Korea's growth momentum to remain weak in 2016
Oct 27, 2015 06:16 am UTC| Commentary
South Koreas Q3 GDP growth beat expectations and rebounded to 1.2% q/q sa from the MERSinduced slump of 0.3% q/q sa in Q2. It also marked the fastest quarterly momentum since June 2010. A stronger acceleration in private...
UK September retail sales are up, but underlying weakness persists
Oct 27, 2015 06:14 am UTC| Commentary
UK September retail sales growth, in volumes, accelerated to 1.9% m/m from -0.4% m/m in August, with the previous numbers revised downward by 0.6pp. Retail sales prices dipped further across all sectors, falling by 0.5pp...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects