Brazil - Current account balance is improving, but more BRL depreciation needed
Jul 21, 2015 14:50 pm UTC| Commentary
Based on year-to-date releases until June, it is estimated that, the current account balance (CAB) could show an improvement of nearly 28% this year in dollar terms and could also improve slightly as ratio of GDP despite...
Brazil's inflation rate likely to increase
Jul 21, 2015 12:42 pm UTC| Commentary
May and June releases suggest that Brazils inflation acceleration continued through Q2 despite the signs that adjustments to regulated goods and services prices are over. The bulk of the upside surprise appears to be...
UK inflation falls back to zero in June
Jul 21, 2015 12:35 pm UTC| Commentary
UK rate of inflation posted 0.1% in May fell back to 0.0% precisely in June. That seems innocuous enough but the details provide some insights into the price outlook. The impact of the rise in the pound last year on UK...
Strong pound pets UK manufacturing output
Jul 21, 2015 12:29 pm UTC| Commentary
The momentum in the UK economy remains strong, but the manufacturing sector is struggling to benefit from this. Output fell by 0.4% mom in April and then by a further 0.6% in May. Analysts are worry that exports are being...
Experts see weaker BRL against USD
Jul 21, 2015 10:21 am UTC| Commentary
The Brazilian real is among the worst performing currencies against the US dollar in 2015. USD/BRL rose back towards 3.25 earlier this month, its highest level since spiralling to a 12- year low (3.3160) in March. The...

Australia likely to see higher inflation rate
Jul 21, 2015 10:01 am UTC| Commentary
Overall price pressures in Australia are likely to have strengthened in Q2 compared to Q1, owing first and foremost to a big rebound in petrol prices. Whereas nationwide petrol prices plunged some 13% qoq in Q1, they...
Danish Central Bank to issue government bonds before hiking rates
Jul 21, 2015 09:37 am UTC| Commentary
The Danish central bank has been buying close to DKK 80bn since the beginning of April as part of a long process of normalising monetary policy.The Danish central bank is expected to start issuing government bonds again...