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Danish headline inflation eases in October, likely to reach 0.8 pct in 2021

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

Malaysian headline inflation falls further in October, likely to remain negative in 2020

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

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U.K.’s headline inflation accelerates in October, likely to remain below 1 pct until Q1 2021

U.S. Q3 economic growth unrevised in second estimate

Reserve Bank of India likely to stand pat in December

Bank Indonesia lowers interest rate by 25 bps to 3.75 pct, unlikely to cut further

Bank of Thailand keeps key policy rate on hold at 0.50 pct

Australian economic growth recovers strongly in Q3 2020

Philippine central bank keeps interest rate unchanged at 2 pct

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

Philippine central bank cuts key policy rate by 25 bps, likely to further cut rates in 2021

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

Gold recovers from previous day slide on stimulus hopes

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BRL review: Western Union

Monday, March 9, 2015 3:19 PM UTC

Quotes from Western Union:

- The strong US Dollar, weaker Chinese imports & domestic factors sent the Brazilian Real to fresh lows over the 3.00 level, which have not been seen since June 2004.

- Spiraling inflation which could result in the Brazilian Central Bank increasing rates further higher could send the economy further into recession.

- The dip in Chinese imports in February will have a profound impact on the Brazilian economy with China being the largest destination for Brazilian exports.

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BRL review: Western Union

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