USDA lowers forecast for US corn crop in 2015/16
Jul 13, 2015 09:34 am UTC| Commentary
The US Department of Agriculture (USDA) has downwardly revised its expectation for the US corn crop in 2015/16, in the latest forecasts, to take account of a lower planted acreage.What is more, it envisages the US...

Speculative net long positions in gold fall to record-low
Jul 13, 2015 09:30 am UTC| Commentary
Following a marathon meeting, Eurozone heads of state and government agreed with Greek Prime Minister Tsipras this morning on the commencement of negotiations of a third aid programme for the highly-indebted country....
Chile's growth recovery nearly halts in Q2
Jul 13, 2015 09:29 am UTC| Commentary
Trade and monthly growth numbers show that Chile economy has deteriorated again after a modest uptick in Q4 14-Q1 15. The modest economic recovery was entirely due to the significant fiscal expansion, which has apparently...
Upside risks to Chile's inflation increased as peso depreciates
Jul 13, 2015 09:23 am UTC| Commentary
After falling for seven consecutive months, Chiles consumer price inflation rose sharply to 4.4% in June from 4.0% in May as core inflation rose to 5.4% in June from 5.0%.Inflation acceleration was not broad-based...

Brazil's economy likely contracted by -1.6% in 2015
Jul 13, 2015 09:06 am UTC| Commentary
On the demand side, Brazils retail sales data released for April and May suggests that consumption is set to contract in Q2 as well. Therefore, Societe Generale expects the consumption to be a net drag on growth for the...
Brazil's supply-side economy likely contracted by -0.7% mom in May
Jul 13, 2015 09:02 am UTC| Commentary
On the demand side, Brazils retail sales data released for April and May suggests that consumption is set to contract in Q2 as well. Therefore, Societe Generale expects the consumption to be a net drag on growth for the...
Brazil's supply-side economy likely contracted by -0.7% mom in May
Jul 13, 2015 07:57 am UTC| Commentary
On the demand side, Brazils retail sales data released for April and May suggests that consumption is set to contract in Q2 as well. Therefore, Societe Generale expects the consumption to be a net drag on growth for the...