Russia's Capital expenditure to have improved on external backdrop
May 22, 2015 06:44 am UTC| Commentary
Russias external backdrop improved somewhat in March, as a result of the calming of geopolitical tensions and the gathering momentum of the oil price recovery. Consequently, analysts think that investment demand improved...
Inflation to stay near Banxico’s target despite possibility of modest acceleration
May 22, 2015 06:36 am UTC| Commentary
Essentially, headline inflation remains close to Banxicos target level of 3.0% post the sharp decline in January due to the elimination of long-distance telephone charges (which reduced housing inflation substantially and...
Brazil's inflation no longer accelerating, but to remain uncomfortably high
May 22, 2015 06:28 am UTC| Commentary
While Brazils inflation in market-determined categories rose early this year, the bulk of the acceleration in the overall IPCA was caused by adjustments to the regulated prices of petrol and energy to support the...
US's consumer prices once again soft on the outside but firm in the core
May 22, 2015 06:10 am UTC| Commentary
Energy price weakness likely held back CPI inflation in April while core prices increased by 0.2% m/m. The retail gasoline prices declined by 1.7% m/m during the reference period which includes the first 18 days of the...
Little information in first deficit of the UK's new fiscal year
May 22, 2015 05:55 am UTC| Commentary
UKs fiscal year ending in March showed the deficit undershooting the revised OBR forecast of 90.2bn made in the March Budget by 2.9bn. In the last few months, the underlying deficit has fallen by roughly 0.5bn compared to...
France's business confidence to improve in May
May 22, 2015 05:38 am UTC| Commentary
The French National Statistical Institute (INSEE) business confidence index for the entire economy is expected to improve from 96 to 97 in May, while the manufacturing index should remain unchanged at 101. The INSEE...
More broad based weakening in the German Ifo expected
May 22, 2015 05:31 am UTC| Commentary
In May, the Ifo business climate index for German is expected to decline to 108.0, from 108.6 in April. A slowdown was already expected last month, after five consecutive increases, which did not take place due to a strong...