Mexico economy slowing down further in Q3

Oct 26, 2015 00:28 am UTC| Commentary Economy

Mexico economic activity 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 on...

German Ifo unlikely to resist weaker sentiment in October

Oct 26, 2015 00:13 am UTC| Commentary

In October, the Ifo business climate index is expected to have declined 0.6pt to 107.9. The expectations component should have been more affected by the VW and China uncertainty, while the assessment of current conditions...

EMEA: Polish elections in focus, Russia remain on hold

Oct 25, 2015 23:59 pm UTC| Commentary

Polands parliamentary elections take place on Sunday (25 October), with polls suggesting a PiS victory without a majority. With the PiS likely to be in government in one way or another, the already dovish monetary policy...

Looking for more details in the Copom minutes

Oct 25, 2015 23:44 pm UTC| Commentary Central Banks

The Copom minutes will be the most important release in the week ahead. After keeping the Selic rate unchanged at 14.25% and changing the convergence of inflation to the relevant horizon for monetary policy instead of the...

Policy decision: Banxico to meet and hold

Oct 25, 2015 23:28 pm UTC| Commentary Central Banks

In Mexico the focus of the market will be on Thursdays Banxico meeting. A stable inflation outlook, the moderate pace of economic activity ,and restrained FX pass-through, coupled with the delay in Feds hiking cycle should...

Low underlying inflation in Australia

Oct 25, 2015 22:59 pm UTC| Commentary

In Australia, the Q3 CPI is the main data release due before the RBA board meets on 3 November, with the RBA staff publishing updated economic forecasts in the Statement on Monetary Policy on 5 November. The expectation is...

Canada's fiscal policy on sight

Oct 25, 2015 22:41 pm UTC| Commentary Central Banks

Last week the Liberal party obtained a surprising majority in Canadas election. With the economy as an important focus of the campaign, the party won on promises of additional infrastructure spending to help boost the...