Russian inflation unexpectedly accelerates in June, CBR unlikely to lower rates in July

Jul 07, 2017 23:01 pm UTC| Commentary Economy

Russian inflation surprised negatively in June by accelerated to 4.4 percent year-on-year from Mays 4.1 percent, deviating from a 4 percent target fixed by the Central Bank of Russian for the end of 2017. This is the first...

Softness in Brazilian imports point towards still weak production and consumption environment domestically

Jul 07, 2017 22:45 pm UTC| Commentary Economy

The Brazilian economic performance expectation has been further dampened by the recent political noise in the country. The upcoming economic activity index, which is a proxy for overall GDP growth, for the month of May is...

Mexican industrial production likely to have performed well in May

Jul 07, 2017 22:44 pm UTC| Commentary

In 2017, the Mexican economy has surprised on the upside so far. However, certain data points, particularly on gross fixed investment and confidence, have disappointed, noted Wells Fargo in a research report. Industrial...

Euro area industrial production likely to have grown strongly in May

Jul 07, 2017 22:29 pm UTC| Commentary

The euro area industrial production growth is expected to have accelerated in May on a sequential basis from the prior month. The industrial production index has not delivered the three straight positive month-on-month...

Canada’s housing starts likely to have rebounded moderately in June, says TD Economics

Jul 07, 2017 22:18 pm UTC| Commentary

Canadas housing starts are likely to have rebounded moderately in June. According to a TD Economics research report, Canadas housing starts are expected to have risen 205k in June following two months of slowdown. While...

U.S. industrial production likely to have risen in June, says Wells Fargo

Jul 07, 2017 22:08 pm UTC| Commentary

U.S. industrial production is expected to have risen in June after it came in flat in May. According to a Wells Fargo research report, the U.S. industrial production is expected to have grown 0.4 percent. The flat reading...

Bank of Canada likely to keep rates unchanged in July – TD Economics

Jul 07, 2017 21:55 pm UTC| Commentary

Bank of Canada is expected to stay on hold when it meets on 12 July. According to a TD Economics research report, the central bank is expected to keep rates unchanged, but it is a close call. In spite the current market...