Russia's capital expenditure is falling with no hope of relief
Sep 16, 2015 21:50 pm UTC| Commentary
Although corporate profits in specific export-oriented industries continue to gain from the ruble weakness, it does not provide enough stimulus for expansive investment as volatile commodity markets combine with greater...
Sep 16, 2015 21:43 pm UTC| Commentary
The Bank of Indonesia (BI) is expected to remain on hold during its monetary policy meeting in August, even as the economy braces for its second sub-5% annual growth since the financial crisis hit. With inflation hardening...
Japan: Reaching trade balance on a sustainable basis will take some time
Sep 16, 2015 20:51 pm UTC| Commentary
Japans trade deficit is likely to come in at 444bn in August. This will be an improvement from the 953bn of August 2014. On a seasonally adjusted basis, trade deficit is likely to be 370bn, almost unchanged from July. With...
US residential construction activity expected to rise
Sep 16, 2015 20:27 pm UTC| Commentary
Consistent with the snapback in construction hours worked, the number of new housing units started probably climbed by 2.0% to a seasonally adjusted annual rate of 1.23 million in August - the strongest activity since...
A record M&A deal shows risk is still on
Sep 16, 2015 16:43 pm UTC| Commentary
A record MA deal between two mega-companies is in the works. This deal worth in excess of $75 billion proves that there is an appetite for risk in the market as well as that the recent market volatility is not derailing...
Chile - BCCh preparing for rate hike much sooner than expected
Sep 16, 2015 16:04 pm UTC| Commentary
The Central Bank of Chile (BCCh) kept its policy rate unchanged at 3.00% at its September board meeting but gave a clear hint that a rate lift-off may come sooner than we have been expecting. Given the strong pass-through...
What can we expect from the SNB tomorrow?
Sep 16, 2015 15:26 pm UTC| Commentary Central Banks
The latest macro-economic data are a little bit better than expected in Switzerland. After the contraction in the first quarter, the second quarter in Switzerland turned out to be much better than expected (0.2% QoQ versus...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight