South Africa's Q2 15 GDP likely to be 0.5% q/q saar
Aug 21, 2015 06:33 am UTC| Commentary
The production side of Africas economy has also shown clear signs of strain during the second quarter as electricity shortages continue to bite. In the manufacturing sector, output fell in Q2 for the second consecutive...
Aug 21, 2015 06:27 am UTC| Commentary
In Poland, lacklustre Q2 GDP growth has been followed by disappointing IP and retail sales in July, decelerating to 3.9% and 2.9% y/y, respectively, seasonally adjusted. This implies that GDP growth can continue around 3%...
RUB likely to depreciate further
Aug 21, 2015 06:25 am UTC| Commentary
Russias real sector indictors for July were disappointing in Russia, pointing to continued negative growth in Q3. In particular, the declines in investment and real wages deepened while retail trade remained weak. The...
Mexican economy to grow by 2.4% in 2016
Aug 21, 2015 05:59 am UTC| Commentary
Mexicos manufacturing is likely to decelerate as the uncertainties of global growth keep a lid on global trade, reducing the impulse from manufacturing exports. Growth in manufacturing exports decelerated to 3.8% y/y in H1...
Hungary's steady monetary policy
Aug 21, 2015 05:46 am UTC| Commentary
Hungarian growth eased to 2.7% y/y in Q2, raising concerns. But lowering the base rate will probably not help because bank lending has declined with banks balance sheets under financial pressure from the bank levy, loan...
Taiwan industrial production likely contracted further on weak exports
Aug 21, 2015 05:42 am UTC| Commentary
Taiwans export orders print slowed its decline slightly to -5% yoy in July from -5.8% yoy in June. The manufacturing PMI rose fractionally to 47.1 in July from 46.3 in June, supported by improving domestic orders. The...
Euro area consumer confidence to remain stable in August
Aug 21, 2015 05:40 am UTC| Commentary
Euro area consumer confidence has been rising dramatically since 2013, reaching historically high levels. Since the beginning of the year, it has improved further on the back of falling oil prices. However, since May,...
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