BoJ Monetary policy decision: Impact on yen rates

Oct 07, 2015 00:00 am UTC| Commentary

The BoJ is expected to maintain the current QQE at its MPM on 6-7 September. However, the industrial production index suggests Japans real GDP in Jul-Sep 2015 is likely to either be flat QoQ or show only a slight increase,...

Mexico's inflation continues to fall at a moderate pace as core prices remain weak

Oct 06, 2015 23:36 pm UTC| Commentary

Mexicos inflation slipped below 3.0% (Banxicos target) in May for the first time in a decade and continued to fall over the following three months, as core inflation remained at its lowest level ever at 2.3% and food...

International dairy prices up 9.9%

Oct 06, 2015 23:23 pm UTC| Commentary

International dairy prices rose a further 9.9% in last nights Global Dairy Trade auction, broadly in line with what was implied by the NZX futures prices. There were strong gains for whole milk powder (up 12.9%) and skim...

Chile's trade balance now falling yoy

Oct 06, 2015 22:58 pm UTC| Commentary

With the exception of January, exports and imports have contracted each month this year on yoy basis and the pace of the trade decline has risen compared with 2014. However, deceleration in exports now outpaces that of...

Chile inflation moderation stops for now, unlikely to return to target in 2016

Oct 06, 2015 22:46 pm UTC| Commentary

A fresh round of substantial peso depreciation halted inflations brief phase of moderation and it is now rising once again. The pace is expected to stay unchanged in September at 5.0% yoy (actually a rise from 4.99% to...

Canada's trade deficit widens in August

Oct 06, 2015 22:33 pm UTC| Commentary

Canadas trade deficit widened to $2.5 billion in August, from $817 million during the month prior. Exports slid 3.6%, while imports inched up by 0.2%. In real terms, the picture was a little better, with export volumes...

French industrial production to bounce back in August

Oct 06, 2015 21:52 pm UTC| Commentary

French industrial production figures for July were disappointing. This weakness is expected to be reversed in August, with manufacturing output up 1.4% mom and the industry as a whole up 1.6% mom. One of the main causes...