EM's poor growth preformance may hit German economy

Sep 24, 2015 12:36 pm UTC| Commentary Economy

The Ifo business climate for German trade and industry has surprised economists (consensus: 107.9) and in fact risen marginally this month from the high level of 108.4 to 108.5. However, it would be premature to celebrate,...

Mexico's inflation likely to slip again in September

Sep 24, 2015 06:29 am UTC| Commentary Economy

Mexicos inflation slipped below 3.0% (the Banxicos target) in May for the first time in a decade and has declined even further since then, as core inflation remained at its lowest level ever at 2.3% and food inflation fell...

Fiscal risks and weak growth add pressure on BRL

Sep 23, 2015 04:22 am UTC| Commentary Economy

Little reason is seen to believe that BRL depreciating trend is over. Brazil economic activity continues to collapse and political commitment to push forth the necessary structural reforms remains lacking. As such,...

Impact of weaker euro visible but only on import prices

Sep 23, 2015 03:18 am UTC| Commentary Economy

The pass-through of a weaker euro (which depreciated 10% between July 2014 and July 2015) so far can only be traced to the early stages of the price chain, i.e. import prices growth has gone from -1% to 1.8% yoy during the...

U.K. economy loses steam- CBI Survey

Sep 22, 2015 10:40 am UTC| Insights & Views Economy

Bank of England (BOE) officials have remained positive over UKs economy, however survey by conference board says otherwise. Manufacturing output growth has stalled in September, first time in two and half years as...

Brazil's current account improvement continues on falling imports

Sep 22, 2015 05:37 am UTC| Commentary Economy

Growth weakness at home is helping on the external front of Brazil although export growth probably remains under pressure (at least in dollar terms). Going forward, gains on the export front is expected given the...

Falloff in US transport bookings likely pared durables orders in August

Sep 22, 2015 04:55 am UTC| Commentary Economy

A sharp reduction in commercial jetliner bookings, combined with the first decline in motor vehicle bookings since May, likely trimmed transport requisitions by a hefty 8.0% during the reference period, following an...