Hong Kong GDP growth is likely to have picked up slightly in Q1
May 14, 2015 18:01 pm UTC| Commentary
GDP growth in Hong Kong (09.30 BST), which remained relatively weak at the end of last year, is likely to have picked up slightly in Q1.Capital Economics expects private consumption growth to have risen after...
U-Mich consumer confidence probably fell slightly in May
May 14, 2015 17:42 pm UTC| Commentary
The University of Michigan measure of consumer confidence (15.00 BST) probably fell slightly in May, to 94.0 from 95.9 in April, but that would still leave it at a level consistent with a sharp rebound in consumption.The...
Moderation in Mexico growth outlook throws downside risk on policy tightening prospect
May 14, 2015 17:01 pm UTC| Commentary
March industrial production suggests the economy likely contracted in Q1 on a sequential basis. Moreover, softer data from the US could result in weaker-than-expected exports and growth bounce-back in Q2 leading to the...
Poland deflation is moderating
May 14, 2015 16:54 pm UTC| Commentary
Poland deflation has apparently turned the corner, moderating to -1.1% y/y in April from -1.5% y/y in March and a low of -1.6% y/y in February. April inflation was higher than forecast. On a monthly basis, inflation...
Banxico likely to start a local lift-off at Oct meeting
May 14, 2015 16:34 pm UTC| Commentary
Today, the Central Bank of Mexico released the minutes of the April 30 meeting. The board decided to maintain the reference rate unchanged at 3.00% in a unanimous vote.The minutes indicated a neutral tone and highlighted...
Sterling vulnerable to renewed dollar weakness
May 14, 2015 16:18 pm UTC| Commentary
Sterling has rallied to a six-month high against the US dollar, reflecting relief that the UK is not mired in a period of post-election political negotiations and some slightly less dovish noises from the Monetary Policy...
US PPI weaker than expected in April
May 14, 2015 16:15 pm UTC| Commentary
Producer prices were weaker than expected in April. Headline PPI fell 0.4% m/m, significantly below consensus (0.1%) forecasts. Core PPI (ex-food and energy) fell 0.2% m/m, also weaker than expected (consensus: 0.1%). On a...
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