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...

US home selling prices probably climbed in August

Oct 26, 2015 04:50 am UTC| Commentary Economy

Figures collected by real estate data provider CoreLogic suggest that US home selling prices in the twenty metropolitan areas covered by the more widely followed SP/Case-Shiller (SPCS) survey rose by 0.6% in August,...

US new homes sales likely took a breather in September

Oct 26, 2015 04:47 am UTC| Commentary

Echoing the reported dip in single-family building permits, the number of newly constructed dwellings going to contract probably declined by 0.4% to a seasonally adjusted annual rate of 550,000 in September, reversing...