Beyond high short-term volatility, Australia's labour market is quite firm

Sep 10, 2015 00:13 am UTC| Commentary

Julys labour market report surprised in just about every aspect, with large moves in all key measures. August report is expected to reverse a substantial part of these changes. Employment, which surged 38.5k (equivalent to...

Mexico's industrial growth modest despite decent manufacturing growth

Sep 09, 2015 23:17 pm UTC| Commentary Economy

Trade data suggests that Mexicos industrial production likely grew by 1.4% yoy as manufacturing continued to expand at the decent pace of 3.9% yoy, although the mining sector decline continues to be a significant drag and...

Minutes to provide BCB’s take on BRL and its implications for inflation

Sep 09, 2015 22:19 pm UTC| Commentary Central Banks

The BCB kept the Selic target unchanged at 14.25% at its September Copom meeting. While this was not the baseline assumption, the decision was not surprising in light of the hint given at the July Copom meeting. Although...

Policy interest rate unchanged as economy evolves in line with Bank of Canada expectations

Sep 09, 2015 21:35 pm UTC| Commentary

The Bank of Canada left its key policy rate unchanged at 0.50% today. The Bank judges the current level to be appropriate following its decision to cut the rate from 0.75% in July. Inflation continues to move in line with...

China's CPI accelerating amid less inflationary pork cycle; PPI falling further

Sep 09, 2015 21:14 pm UTC| Commentary

Pork price growth increased further in August, which is expected to boost food CPI inflation. Housing CPI inflation is also expected to have risen slightly on improved demand. In contrast, administrated fuel prices were...

BoE to sound slightly more dovish

Sep 09, 2015 20:53 pm UTC| Commentary Central Banks

The world looks a more worrying and worried place. The BoE will have to recognise that, which could give a more dovish feel to Thursdays BoE policy meeting minutes. There is no need for the BoE to sound hawkish right now....

Canada's policy interest rate unchanged as economy evolves in line with BoC expectations

Sep 09, 2015 18:13 pm UTC| Commentary Central Banks

The Bank of Canada left its key policy rate unchanged at 0.50% today. The Bank judges the current level to be appropriate following its decision to cut the rate from 0.75% in July. Inflation continues to move in line...