Data risk will be small and confined to US housing indicators
Oct 15, 2015 21:55 pm UTC| Commentary
Data risk will be small and confined to housing indicators with housing starts (Tuesday) and existing home sales (Thursday) ahead. Homes newly placed under construction are trending around the highest level since 2007 but...
China’s economy may dominate global market considerations from the start of the week onward
Oct 15, 2015 21:49 pm UTC| Commentary Economy
Chinas economy may dominate global market considerations from the start of the week onward. The country releases Q3 GDP growth into the Asian market open on Monday. Obviously markets trade on it, but the aftermath will...
Oct 15, 2015 21:30 pm UTC| Commentary
Canada starts the week headed off to the polls in Mondays Federal election. The results will start to become available as soon as polls shut at 9:30pmET in Ontario and Quebec and 10pmET in British Columbia. Looking for an...
Downside risks to the Euro area inflation outlook in focus
Oct 15, 2015 21:12 pm UTC| Commentary
The recent string of shocks (China, equity market corrections, VW) has brought sizeable downside risks to confidence and the economic outlook. In the recent data, the German August industrial data are probably the most...
Bank Indonesia kept its policy rate unchanged at 7.50% at its October meeting
Oct 15, 2015 20:45 pm UTC| Commentary
Bank Indonesia kept its policy rate unchanged at 7.50% at its October meeting, the eighth straight on hold decision since the unexpected cut in the policy rate on 17 February. The decision was in line with consensus...
US federal government posts FY 2015 deficit of $438.9bn
Oct 15, 2015 20:14 pm UTC| Commentary
The US federal government reported a monthly budget surplus of $91.1bn in September (previous: $105.8bn), modestly smaller than CBO projections and consensus expectations of $95.0bn. Receipts were up 4.1% y/y for the...
Mexico to post robust growth outlook despite global woes
Oct 15, 2015 17:51 pm UTC| Commentary
The Mexican economy continues to grow modestly, having been below the long-term growth rate average of around 2.6% since 2013. Falling oil prices have affected mainly the trade balance and the oil-dependent part of fiscal...