South Korea's industrial production to rebound thanks to electronics and auto sectors

May 28, 2015 07:09 am UTC| Commentary

Industrial production is likely to have rebounded rather significantly in April after a modest decline in March, though its year-on-year growth will remain slightly below zero. The sizeable decline in year-on-year export...

Mexican unemployment rate likely fell further on seasonally adjusted basis

May 28, 2015 06:59 am UTC| Commentary

After peaking in July 2014, the Mexican unemployment rate declined to 3.76% in December, as labour force growth slowed in line with employment growth, and it then fluctuated between 4.51% in January and 3.46% in March. The...

UK's growth to be revised up

May 28, 2015 06:53 am UTC| Commentary

The first estimate of Q1 GDP was a surprisingly weak 0.3% qoq. They imply an upward revision of 0.1pp to 0.4% qoq. This estimate also provides the first expenditure breakdown for the quarter. Retail sales including auto...

Brazil's fiscal initiatives gain ground in congress

May 28, 2015 06:47 am UTC| Commentary

After several days of weak performance the Brazilian real recovered 0.44% against the USD on Wednesday to USD-BRL 3.1397 as the governments fiscal initiatives continue to gain traction in congress. Key austerity measures...

China Europe International Exchange to provide access to Chinese markets

May 28, 2015 06:42 am UTC| Commentary

Deutsche Boerse, the Shanghai Stock Exchange and the China Financial Futures Exchange announced yesterday a new joint venture named China Europe International Exchange. The newly created Exchange gives investors outside...

Sweden’s Riksbank is gaining credibility

May 28, 2015 06:36 am UTC| Commentary

Riksbanks communications seem to become more credible at last. At least EUR-SEK was able to appreciate yesterday. Is this due to the comments by the vice Riksbank governor Per Jansson? After all he had pointed out that the...

Could US corporate tax reform be a boon for the USD

May 28, 2015 06:31 am UTC| Commentary

Could US corporate tax reform be a boon for the USD? In an event held at the London School of Economics yesterday US Treasury Secretary Lew argued that the US currently runs a significant infrastructural deficit and that...