China's GDP growth indicates signs of stabilization
Jul 17, 2015 05:58 am UTC| Commentary
Chinas retail sales growth recored 10.6% y/y growth in June, which was 10.1% in May. The countrys June data came in better than expected, with Q2 GDP growing 7.0% y/y, pointing to more signs of stabilization. Fixed asset...
Iran and P5+1 agrees on a timeline for sanctions relief
Jul 17, 2015 05:56 am UTC| Commentary
Iran and the P5+1 (the group of six world powers namely China, France, Russia, the United Kingdom, and the United States, plus Germany) have finally agreed to a timeline for sanctions relief after several years of...
Risks of further rate cuts from Reserve Bank of India in H2 15 persists
Jul 17, 2015 05:49 am UTC| Commentary
The uptick in Indias retail inflation in June is unlikely to be a major concern for the RBI. Indias CPI inflation surprised to the upside at 5.4% y/y in June, up from 5.0% in May and reflecting an increase in the prices of...
Russia's capital expenditure taking break
Jul 17, 2015 05:46 am UTC| Commentary
The Russian Composite PMI for June fell below the critical 50 mark to 49.5, which was 51.6 in May.Although capital investment is subject to unpredictable month-on-month swings as a result of the implementation of large...
Reserve Bank of India likely to meet 6% target by early 2016
Jul 17, 2015 05:44 am UTC| Commentary
The inflation trajectory will broadly remain contained, continuing the trend seen in recent months and reflecting a host of factors, including better controls on food prices, persistently idle industrial capacity and a...
Poland's PPI likely to have increased significantly in June
Jul 17, 2015 05:40 am UTC| Commentary
Polands producers price index was -2.2% in May. The PPI data for June month scheduled to release today is expected to give a positive sign.Societe Generale estimates, PPI of the country to have increased to -1.7% yoy in...
Oil price declines to dampen Emerging Markets inflation pressures further
Jul 17, 2015 05:35 am UTC| Commentary
The fall in oil prices also looks durable and is likely to dampen reflation pressures in EM. The Iran deal opens the door to an additional 300-500 kbd of supply in 6-12 months into an already oversupplied oil market."A...
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