ECB's June TLTRO indicates banks borrowing meets expectation
Jun 19, 2015 07:33 am UTC| Commentary
At the ECBs June TLTRO, 128 banks borrowed about 73.8bn of liquidity. Such result is broadly in line with the expectations of 80bn (consensus, 60-80bn). As a reference, at the previous three TLTROs, the ECB allotted a...
Greece likely to impose Capital controls without breakthrough
Jun 19, 2015 07:06 am UTC| Commentary
Heads of state, Euro area have scheduled an emergency summit for 22 June in which could be the last attempt to strike a deal to prevent a financial crisis for Greece.With the end-of-June IMF deadline fast approaching,...
Mexican economy likely grow at 2.6% in 2015
Jun 19, 2015 06:04 am UTC| Commentary
"Despite the slower Q1, the Mexican economy is likely to grow near trend for the remainder of the year and accelerate in 2016 and beyond, the slow down in the US growth rate migh lower the Mexican exports, manufacturing...
India monsoon tracker forecasts a good week - headline inflation remains manageable in India
Jun 19, 2015 05:52 am UTC| Commentary
The southwest monsoons showed dramatic progress in the last week, with quantity and geographic distribution improvements with 23 out of 36 regions showing excess or normal rainfall conditions, up from 18 last...
Canada's CPI inflation may have found a floor
Jun 19, 2015 05:50 am UTC| Commentary
Canada releases a raft of data (May CPI, April retail sales) on 19 June. US consumers have found renewed vigour lately after dismal spending activity earlier this year, and of interest will be whether their Canadian...
Thailand exports to have improved gradually
Jun 19, 2015 05:48 am UTC| Commentary
Thailand to release May customs-based trade data from 24-26 June. A gradual improvement in exports on firmer demand from the US and Cambodia, Lao PDR, Myanmar and Vietnam (CLMV) is expected.A weaker THB, following the Bank...
Rising food prices may reinforce Brazil's inflation
Jun 19, 2015 05:47 am UTC| Commentary
Brazils inflation continued to accelerate in May as food prices rose faster than expected and inflation continued to rise in the regulated segment. At this stage of the price cycle, while the adjustments to the regulated...
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