US manufacturing ISM index to increase slightly after four consecutive declines
Apr 01, 2015 05:45 am UTC| Commentary
The US manufacturing ISM index is expected to show that manufacturing activity quickened very modestly in February. Roughly one point increase is projected in the index from 52.9 to 53.8.Data on manufacturing trends...
BOT monetary policy to stay accommodative for the rest of 2015
Apr 01, 2015 05:44 am UTC| Commentary
Thailand Inflation fell further in March, and was slightly below our and market forecasts. While the drag from lower oil prices is easing, core inflation remains benign. Core inflation also fell modestly to 1.31%, which is...
Brazil industrial production declining at faster pace this year
Apr 01, 2015 05:34 am UTC| Commentary
Brazils industrial production (IP) is estimated to have declined by -6.7% yoy (-1.8% mom) - the worst rate since June 2014. As a result, the six-month average is expected to deteriorate further to -4.4% from -4.1%.The...
Apr 01, 2015 05:32 am UTC| Commentary
At the close of the first quarter of 2015, the Canadian dollar (CAD) had weakened 8% against the USD, outperforming only a handful of currencies. The weakness reflects three major themes: the economic consequences for...
Apr 01, 2015 05:27 am UTC| Commentary
The fundamental outlook shaping the trading patterns of major currencies remains unchanged. The current consolidation phase will likely be challenged in the near term and the strengthening of the US dollar (USD) will...
Apr 01, 2015 05:18 am UTC| Commentary
The UK February manufacturing PMI reported a very strong increase of 2.1 points in the output index to 56.3 with total orders up 0.7 to 54.9 but export orders softening by 2 points to 49.2.The CBI Industrial Trends survey...
Final euro-area manufacturing PMI to confirm the flash estimate
Apr 01, 2015 05:11 am UTC| Commentary
The final euro-area PMI release should confirm the flash estimate of 51.9 in March and thereby reflect a significant increase compared to February (51.0).Such a PMI level in the manufacturing sector points to GDP growth of...
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