Mexico labor market stable and unpressured
May 28, 2015 15:15 pm UTC| Commentary
Mexicos unemployment rate remained almost unchanged in April at 4.32% from 4.29% in March - in seasonal adjusted terms - under a stable participation rate (constant at 59.62%). In y/y comparison, unemployment decreased to...
Canada's foreign direct investment inflows slowed sharply in Q1
May 28, 2015 15:08 pm UTC| Commentary
Canadas foreign direct investment inflows slowed sharply to $6.7 bln in Q1, the lowest in nearly three years, as management firms pulled back after a surge in Q4 and energy firms were a bit more cautious.Portfolio...
Record goods gap deepens Canada current account deficit
May 28, 2015 14:48 pm UTC| Commentary
Canadas current account deficit widened to $17.5 bln ($69.9 bln a.r.) in Q1 from a revised shortfall of $13.1 bln in the prior quarter (previously $13.9 bln). The gap was narrower than expected in part due to the revision...
Price differential between Brent and WTI shrinks to lowest level since mid-April
May 28, 2015 10:08 am UTC| Commentary
Oil prices continued their correction yesterday, Brent falling by nearly an additional 3% to a five-week low of $62 per barrel. WTI fared somewhat better, shedding only 1%. As a result, the price differential between Brent...
Swiss gold exports to Asia fell considerably in April
May 28, 2015 09:22 am UTC| Commentary
Gold is trading at around $1,190 per troy ounce this morning, having recovered only slightly from the two-week low it recorded yesterday. In other words, the correction of the EUR-USD exchange rate has not been reflected...
Australia's credit growth humming along
May 28, 2015 08:45 am UTC| Commentary
Driven first and foremost by a continuing boom in residential property, Australias credit growth is expected to have continued. Of particular interest will be the housing investor component, which has defied regulatory...
Japan's industrial production likely to continue its recovery trend
May 28, 2015 08:31 am UTC| Commentary
Japans industrial production is likely to grow by 0.5% mom in April. In addition to the end of the inventory adjustment after the consumption tax hike in April 2014, the Lunar New Year holiday was later than usual, and...
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