Asia equities mixed as lack of data leave markets directionless

Oct 20, 2015 02:51 am UTC| Commentary

Asian markets were a mixed bag on Tuesday, with Japan markets opening higher as telecoms and lenders gained, but Chinese markets opening in the red, following Mondays GDP data. A lack of economic data on Tuesday left...

Few aspects are encouraging, but not all growth cylinders are firing away in India

Oct 20, 2015 02:03 am UTC| Commentary Economy

Not all growth cylinders are firing at once, some are showing progress. Better production numbers and improved discretionary spending are encouraging, though the capex cycle is yet to take-off convincingly. Firstly,...

BoK already flagged a significant pickup in GDP fuelled by domestic demand

Oct 20, 2015 00:58 am UTC| Commentary Central Banks

The Bank of Korea (BoK) Governor Lee disclosed a flash estimate of 1.1% qoq for Q3 2015 GDP growth at the recent IMF conference in Lima, which was echoed by President Park. Finance Minister Choi too has emphasized a recent...

Mexico's inflation slips further on food prices even as core inflation strengthens

Oct 20, 2015 00:22 am UTC| Commentary Economy Central Banks

Mexicos inflation slipped below 3.0% (Banxicos target) in May for the first time in a decade and continued to fall since then, as core inflation remained at its lowest level ever at 2.3% and food inflation fell. Core...

Mexico unemployment falling at a mild pace and won’t get to full employment this year

Oct 19, 2015 23:51 pm UTC| Commentary Economy

The average unemployment rate this year is down from 4.8% to 4.4%. However, the seasonally-adjusted number shows that, averages apart, the unemployment rate has hardly moved since the end of 2014 as the economy continues...

Brazil's inflation has peaked; but meaningful moderation will have to wait until next year

Oct 19, 2015 23:18 pm UTC| Commentary Economy

Releases through September suggest that inflation acceleration is over. The full month inflation number eased to 9.49% yoy in September from 9.56% in July and 9.53% in August. In fact, the monthly rate of change in prices...

Mexico's retail sales growing at an impressive pace on lower inflation

Oct 19, 2015 22:40 pm UTC| Commentary

Despite the growth weakness in H1 and some visible effect of the slowdown in the labour market, Mexicos retail sales on average have continued to trend up this year - in part due to the low base effect in H1 2014, but...