Euro area PMIs to soften in August
Aug 21, 2015 05:34 am UTC| Commentary
The Euroarea manufacturing PMI data for August is scheduled to release today."The data is expected to soften from 52.4 to 51.6 in August, with only France eking out a small gain in its manufacturing PMI compared to its low...
Mexico retail sales growing at an impressive pace
Aug 21, 2015 05:31 am UTC| Commentary
Despite Mexicos growth weakness in H1 and the visible effect of the slowdown in the labour market, retail sales on average have continued to trend up this year, in part due to the low base effect in H1 2014 and partly due...
Brazil inflation acceleration continues in Q3
Aug 21, 2015 05:30 am UTC| Commentary
While Brazil mom prices rose 0.62% in July, less than the 0.79% mom in June, annual inflation jumped to 9.56% yoy from 8.89% yoy in June. The acceleration was quite broad-based with the mom rate of price change exceeding...
Mexico slower growth path pushes back rate hike expectations
Aug 21, 2015 05:16 am UTC| Commentary
Mexicos economy will face headwinds in the second half of the year. The external environment remains quite problematic, with global growth facing downside risks. The GDP report released this week was positive, but with...
Aug 21, 2015 05:11 am UTC| Commentary
As Israel approaches another rate decision next week, macroeconomic developments are posing challenges to monetary policy. Alarmingly, growth decelerated to just 0.3% q/q (saar) in Q2 from 2.0% in Q1 and 2.7% in 2014. A...
A surge in China's capital outflows
Aug 21, 2015 05:08 am UTC| Commentary
In China, the latest deposit and FX transaction data suggest that capital outflows may have reaccelerated in July. USD onshore deposits dropped USD41.1bn in July, the largest monthly decline since these data were first...
Indonesia's trade data continue to point to soft activity
Aug 21, 2015 05:05 am UTC| Commentary
Indeed, Indonesias trade activity remains depressed. July exports fell 19.2% y/y and imports plunged 28.4%. As a result, the trade surplus surged to USD1.3bn in July. The YTD trade surplus now stands at USD5.7bn, the...
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