Russia's consumption weakness indicates extended recession
Dec 17, 2015 17:25 pm UTC| Commentary
Russian real sector data for November were mixed. The main negative trends were in real retail sales, which declined sharply, and increased unemployment. Positive indications came from slight improvements in industrial...
Brazil labor market deterioration likely to accelerate in November
Dec 17, 2015 09:22 am UTC| Commentary
Unemployment rate in Brazil was deteriorating since the rapid rise in July. In November, the countrys unemployment rate is likely to rise as expected by market consensus to 8.1% from previous months 7.9. If the labor...
Fitch downgrades Brazil to junk
Dec 16, 2015 17:11 pm UTC| Commentary
Fitch downgrades Brazil to junk and maintains a negative outlook. Brazil has now lost its investment grade status by two of the major rating agencies after Standard Poors cut the rating to junk earlier this year. Fitch...
Brazil retail sales likely to indicate persisting drop in Q4 consumption
Dec 16, 2015 07:30 am UTC| Commentary
Brazil retail sales for the month of October is likely to drop to -1.1% mom as expected by the market consensus, while the retail sales year on year are expected to record a decline to -8.3%. There is a sharp rise in...
South African markets likely to remain on the back foot
Dec 10, 2015 16:33 pm UTC| Commentary Economy
The sell-off in South African markets on Thursday was probably a sign of things to come. The yields on 10-year government bonds rose more than 100bp, to leave them above 10% for the first time since 2008. That added to a...
Indonesia's struggle to end corruption is hitting snag after snag
Dec 09, 2015 13:23 pm UTC| Politics
The people of Indonesia had strong hopes that President Joko Widodo (or Jokowi, as hes known) would tackle Indonesias corruption problem. But over a year into his presidency, a Transparency International report suggests...
De-leveraging under way for Asia Ex-Japan
Dec 09, 2015 11:55 am UTC| Insights & Views
A turbulent year for emerging markets (EM) may be coming to an end, but on the other hand, prospects for 2016 do not look very appealing either. Most economists expect either a slight recovery in average emerging market...
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