Copom minutes to show BCB’s assessment of medium term inflation risk
Oct 26, 2015 06:09 am UTC| Commentary Central Banks
The BCBs decision to leave rate unchanged was widely expected, including by us. The bank added a sentence to its short statement (The Copom emphasizes that monetary policy will remain vigilant to achieve this goal) that...
ECB tilts the odds towards additional Riksbank easing by year-end
Oct 26, 2015 06:05 am UTC| Commentary Central Banks
ECBs policy meeting last week has important ramifications for future Riksbank policy. Given the expectations for a time-extension of ECB QE, followed by a likely deposit rate cut in 2016, now there is an increased...
Mexico's economy slowing down further in Q3
Oct 26, 2015 06:04 am UTC| Commentary Economy
Economic activity in Mexico has surprised on the upside in recent months considering the slowdown in industrial production. However, the recent trade and IP numbers put supply side growth close to 2.1% yoy in August. Based...
Mexico's trade deficit continues to rise on falling dollar exports
Oct 26, 2015 05:34 am UTC| Commentary
The trade balance year-to-date through August has worsened to -USD9.1b from -USD2.5b during the same period last year. The worsening trade balance primarily has to do with the fall in dollar exports growth while imports...
U.K. retail sales growth to slide in October
Oct 26, 2015 05:22 am UTC| Commentary
The September survey reported a massive boost in U.K. sales which was corroborated by the official data which saw sales surge by 5.9% yoy from 3.2%. It is believed that mom September sales were boosted by the Rugby...
Daily Economic Outlook: 26th October, 2015
Oct 26, 2015 05:09 am UTC| Commentary
The BBA measure of U.K. mortgage approvals, which covers around two-thirds of the market, is expected to show that the housing market recovery remains steady. The more comprehensive, and more closely watched, BoE figures...
BoJ's expansion of QQE program likely in this week
Oct 26, 2015 04:59 am UTC| Commentary Central Banks
The BoJ is likely a bigger focus this week as disappointing economic data and weak corporate inflation outlook led to market expectations for further easing at this weeks meeting. Indeed, an expansion of QQE program via...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects