Brazil's unemployment moderates in August, but to rise substantially in medium term
Sep 21, 2015 20:57 pm UTC| Commentary
The GDP contraction this year has resulted in a sharp deterioration in the labour market as the unemployment rate rose to 7.5% in July from 4.3% in December 2014 (to 7.3% from 5.1% on a seasonally-adjusted basis during...
Weakness in Taiwan’s industrial production to persist
Sep 21, 2015 20:53 pm UTC| Commentary
The sharp slowdown in mainland Chinas industrial and construction sectors has weakened demand for capital goods and industrial supplies. Taiwans exporters were not immune. Industrial production (IP) fell into a deeper...
China’s economy is slowing, but also changing shape
Sep 21, 2015 20:39 pm UTC| Commentary
Chinas current round of stimulus measures has less to do with external factors and more to do with internal imbalances, created in part by previous stimulus programs. Whether one believes the official statistics of 7%...
Banxico decided to keep the reference rate unchanged at 3.00%
Sep 21, 2015 20:25 pm UTC| Commentary
Banxico decided to keep the reference rate unchanged at 3.00%. This was broadly expected by the markets, as the US Federal Reserve also kept its policy rate unchanged. On the other hand, the press release is rather...
US Government shutdown - another Fed deterrent?
Sep 21, 2015 16:17 pm UTC| Commentary
With the beginning of a new fiscal year less than two weeks away and no funding authorization in place, there is a growing chance of a Federal government shutdown. Congress will also have to increase or suspend the debt...
U.S. quarterly economic outlook
Sep 21, 2015 16:01 pm UTC| Commentary
Global headwinds have increased speed since last Quarterly Economic Forecast in June. Slowing growth in China and concern over policymakers management of its economy have led to tighter financial conditions and weaker...
Existing home sales pullback in August, but remain at healthy levels
Sep 21, 2015 15:45 pm UTC| Commentary
Existing home sales declined by 4.8% m/m in August, falling to 5.31 million units (annualized). The reading came in well below the consensus forecast, which called for a more modest pullback to 5.50 million. Revisions to...
Electricity from farm waste: how biogas could help Malawians with no power
What the Supreme Court is doing right in considering Trump’s immunity case
US student Gaza protests: five things that have been missed
Will Solomon Islands’ new leader stay close to China?
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects