Brazil: Confidence remains crucial to determine the outlook for growth
Jul 17, 2015 01:44 am UTC| Commentary
Brazils economy is still facing a challenging outlook. Even though the industrial production index rose by 0.6% m/m sa in May, the trend remains fragile. Headline growth was driven by non-durable consumption and capital...
Indonesia: The fine balance between inflation and growth will keep BI on hold
Jul 17, 2015 01:33 am UTC| Commentary
Indonesias June trade report pointed to some signs of stabilisation, consistent with Chinas better-than-expected June data. Indeed, the contractions of exports and imports eased markedly, with growth falling by 12.8% (5.9%...
India: Upside CPI surprise should not cause alarm
Jul 17, 2015 01:09 am UTC| Commentary
The uptick in 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...
China: Better June data; accommodative policy still warranted
Jul 17, 2015 00:57 am UTC| Commentary
Chinas June data came in better than expected, with Q2 GDP growing 7.0% y/y, pointing to more signs of stabilization. Fixed asset investment (FAI) growth held up at 11.4% y/y YTD, supported by infrastructure investment,...
Jul 17, 2015 00:42 am UTC| Commentary
The retreat in tail risk concerns over Greece and China prompted a selloff in JGB markets at the start of the week in reaction to the previous weeks flight to quality. Once the big events of the week (Chinese GDP release,...
Jul 17, 2015 00:33 am UTC| Commentary
Ahead of the August Inflation Report on 6 August, the debate on the timing of rate tightening has reignited the discussion over the timing of the first rate tightening move from the MPC. This has been underpinned by a pick...
Euro area rates: Weekly review
Jul 17, 2015 00:22 am UTC| Commentary
The past week has been eventful on both sides of the Atlantic. In Europe, Greece reached a deal with creditors for the start of negotiations for a third bailout package conditional on passing "prior actions" in the Greek...
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