RBNZ to hold OCR at 2.75% in October OCR review
Oct 26, 2015 21:30 pm UTC| Commentary Central Banks
The OCR is expected to remain on hold at 2.75% in the October OCR review. The strong housing market and a less dire outlook for dairy prices favour a pause; however, the bounce in the NZ dollar will be a concern for the...
US merchandise trade gap expected to narrow sharply
Oct 26, 2015 21:16 pm UTC| Commentary
Opposing and favorable movements in goods exports and imports probably closed the merchandise trade deficit by $6.0 billion to $69.1 billion in September, reversing all but a fraction of the stunning widening posted in...
Mexico's trade deficit continues to rise on falling dollar exports
Oct 26, 2015 20:45 pm UTC| Commentary
The trade balance year-to-date through August has worsened to -USD9.1b from -USD2.5b during the same period last year. The worsening trade balance primarily has to do with the fall in dollar exports growth while imports...
Oct 26, 2015 20:30 pm UTC| Commentary
The first estimate of Q3 growth will be the usual output estimate. The news from the high frequency data is that industrial production will make a very modest positive contribution to growth but that construction will be a...
Euro Area money supply growth to increase to 5.0% yoy after August dip
Oct 26, 2015 20:22 pm UTC| Commentary
M3 money supply growth slowed from 5.3% yoy in July to 4.8% yoy in August. For September, the broad aggregate is expected to increase by 5.0% yoy (a 5.0% three month average increase). The yoy increase will be above the...
Poland's new government set to stimulate polish GDP growth
Oct 26, 2015 17:24 pm UTC| Commentary
Polands social-conservative opposition party Law Justice (PiS) won general elections. A shift in economic policy is expected after parliamentary election. However, A radical decision of the PiS is not expected. The new...
US existing home sales dip more than expected in September
Oct 26, 2015 17:16 pm UTC| Commentary
U.S. home sales took an 11.5% dive in September to 468,000 units annualized, the largest decline since July 2013 and the lowest level since November 2014. And, there were fewer sales in all regions of the country,...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects