Fed statement watched for clues on rate outlook
Jul 24, 2015 16:02 pm UTC| Commentary
Market attention is now back on central bank policy. The coming weeks FOMC meeting (Wed) will further fuel speculation about when the Fed will raise interest rates for the first time in almost a decade. No policy move is...
Jul 24, 2015 15:25 pm UTC| Commentary
After all of the whoo hooing over the strong existing home sales report on Wednesday, U.S. new home sales poured cold water on the festive tones. New home sales unexpectedly fell in June and not only that, the decline was...
Mexico: Solid growth in services GDP, constant unemployment
Jul 24, 2015 15:17 pm UTC| Commentary
The Mexican economy expanded 0.1% m/m sa in May according to the IGAE index. This number came in stronger than the expectations, since it was estimated of 0.5% contraction, mainly as a result of the decline observed in the...
US Markit flash manufacturing PMI edges higher in July
Jul 24, 2015 14:59 pm UTC| Commentary
The US Markit manufacturing PMI rose modestly to 53.8 in the July flash estimate, against consensus expectations for an unchanged reading of 53.6. The details of the survey show modest increases in output (55.4, previous-...
Pace of Czech Republic's employment growth likely to decelerate
Jul 24, 2015 12:31 pm UTC| Commentary
In the Czech Republic, employment reached an all-time high in Q1 15. However, solid employment growth is visible in all CEE countries. The rise in employment is attributable mostly to increasing labour demand in the...
Cyclical recovery expected in Singapore's electronics sector
Jul 24, 2015 12:22 pm UTC| Commentary
Singapores June industrial production came in much weaker than expected. The industrial production declining by 4.4% y/y, or 3.3% m/m sa.Despite the recent pickup in electronics exports and the PMI, electronics production...
Brazil's inflation remains under pressure
Jul 24, 2015 10:44 am UTC| Commentary
The recent inflation prints in Brazil surprised on the upside, as food prices seasonally experience a decrease between the months of May and July, driving headline inflation lower. This year, however, food prices monthly...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects