New reforms and austerity should boost confidence and growth in Finland over the longer term
May 27, 2015 13:54 pm UTC| Commentary
Finland is getting a new conservative government formed by the Center Party, the Finns (populist) and the National Coalition. Juha Sipil will be the new Prime Minister.The government strategy is reform oriented and fiscal...
Renewed dollar strength has further to go
May 27, 2015 13:39 pm UTC| Commentary
Diverging prospects for economic growth and monetary policy point to additional gains for the dollar this year, especially against the euro and the yen."The real possibility that Greece will be the first country to leave...
Canada's non-residential construction sector likely to take a big hit this year
May 27, 2015 13:21 pm UTC| Commentary
Canadas non-residential construction sector is expected to take a big hit this year, as the massive decline in oil prices weighs on investment in the oil patch. Indeed, engineering construction - which accounts for over...
Emerging markets' economics update
May 27, 2015 12:44 pm UTC| Commentary
First quarter GDP data that have so far been released by EMs have painted a pretty grim picture. In this Update we outline the three key themes that have emerged.The aggregate EM growth slowed further in the first three...
Singapore's March effect may be a one-off event
May 27, 2015 11:43 am UTC| Commentary
Singapores Q1 growth was decent, owing mainly to a solid improvement in March. NODX increased 18.5% y/y in March, supported by pharmaceuticals and other one-off lumpy items, versus an average 2.7% decrease in...
Improvement in dollar terms driven by Brazil's lower dividend outflows
May 27, 2015 11:25 am UTC| Commentary
It turns out that the bulk of the improvement came through lower dividend payouts from foreign firms in the income category. The bulk of the CAB deterioration last year had less to do with the merchandise trade balance and...
Improvement in Brazil's current account balance to GDP ratio unexpected
May 27, 2015 11:15 am UTC| Commentary
At -USD6,901m, the current account balance of Brazil (CAB) came in better than the estimate in April. Moreover, the releases for the first four months this year show the CAB improving to -USD32.5bn year-to-date from...
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