Rising inflation will continue to weigh on South Africa's consumer spending
May 20, 2015 17:18 pm UTC| Commentary
Data released on Wednesday show that CPI inflation in South Africa rose to 4.4% y/y in April, which will continue to weigh on consumer spending. Other sectors were stronger, but Capital Economics expects GDP growth slipped...
Turkey interest rates to remain pat on political pressures
May 20, 2015 17:11 pm UTC| Commentary
Turkeys central bank left all of its key interest rates unchanged on Wednesday, and the MPC hinted that its more concerned about the inflation outlook than before."Political pressure means official interest rates are...
Mexico’s economic growth likely slowed a touch in Q1
May 20, 2015 16:58 pm UTC| Commentary
Mexicos activity data indicate that a contraction in the mining sector, coupled with a downturn in manufacturing on the back of weakness in the US, held back Mexicos economy in Q1 (14.00 BST).Capital Economics says - "GDP...
China’s flash manufacturing PMI could show renewed strength
May 20, 2015 16:46 pm UTC| Commentary
China activity data for April remained weak, suggesting that economic momentum has slowed further going into Q2. However, policymakers have already stepped up support and more measures likely to come over coming...
May 20, 2015 15:59 pm UTC| Commentary
The EIAs weekly US Petroleum Report, released earlier today, shows the amount of crude oil in commercial storage tanks decreased by about 2.4 million barrels to 482.2 million. This was the third consecutive fall and was...
May 20, 2015 15:51 pm UTC| Commentary
Western Union:Caution ahead of the release of important minutes from the last Fed meeting caused the dollar to pare gains that earlier took it to three-week peaks against the euro and to two-month highs against the yen.At...
May 20, 2015 15:51 pm UTC| Commentary
Western Union:The loonie firmed above its weakest level in nearly a month as Canadian data was largely in line with expectations and the greenback succumbed to a bout of profit-taking ahead of Fed minutes later...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects