Crop outlook for the global wheat markets revised by IGC
Jul 31, 2015 09:05 am UTC| Commentary
The IGC forecasts global wheat production of 710 million tons in 2015/16, which is 1 million tons less than it had predicted in June.The marginal downward revision was prompted by slightly poorer crop prospects in Canada...
Continued outflows from the gold ETFs
Jul 31, 2015 09:02 am UTC| Commentary
The gold price was already looking weaker ahead of the US GDP data, with the result that there were no further price falls following publication of the figures. The firmer US dollar also prevented any recovery movement,...
Jul 31, 2015 08:45 am UTC| Commentary
Taiwan CPI inflation is bottoming out. Without the negative base effects from oil prices, headline CPI is expected to turn positive in Q4 and strengthen to nearly 2% in H1 2016.Core CPI inflation is also expected to stop...
Taiwan's external demand to improve in H2
Jul 31, 2015 08:43 am UTC| Commentary
It is reported that orders for new smart phone models increased around 20% from a year ago while Taiwan domestic semiconductor producers are gaining market share in the global market, which should support Taiwans exports...
South Africa's PMI and car sales data next week to give first hints of Q3 activity
Jul 31, 2015 08:38 am UTC| Commentary
The week ahead is fairly light in terms of data releases in South Africa, but after the recent string of disappointing activity data during Q2, the July PMI indicators and new car sales data should be interesting as early...
Further policy tightening likely in Angola
Jul 31, 2015 08:33 am UTC| Commentary
It was a thin week for data releases in the rest of Sub-Saharan Africa with the most noticeable events being Angolas MPC meeting and Zambias inflation print. The Bank of Angolas MPC hiked its base rate 50bp in line with...
CBT likely to change monetary policy benchmark in August
Jul 31, 2015 07:54 am UTC| Commentary
The Turkish CenBank released its Q3 Inflation Report yesterday. The bank made minor changes to projections, included an upward revision of its end-2015 headline CPI inflation forecast from 6.8% to 6.9%; the CenBank left...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects