Brazilian economy likely stagnated in Q4 14

Mar 25, 2015 07:48 am UTC| Commentary

Societe Generale notes.. The economic activity index suggests that the economy likely stagnated in Q4 14 on a sequential basis (-0.7% yoy) or declined marginally. This implies that it stagnated on a full year basis...

Taiwan’s central bank to put aside its rate hike plans

Mar 25, 2015 07:36 am UTC| Commentary

Societe Generale notes.. We expect Taiwans central bank to put aside its rate hike plans and leave the policy rates unchanged at its Q1 meeting, given that inflation is expected to moderate this year and the global...

Mexican economic activity slowed sharply in January, looks to be an anomaly

Mar 25, 2015 07:18 am UTC| Commentary

Societe Generale notes.. January industrial production (and export growth) was disappointing and surprising given thelack of any meaningful trigger for this development.As a result, we estimate growth to have slowed to...

Business confidence of French economy to improve in March

Mar 25, 2015 07:12 am UTC| Commentary

Societe Generale notes.. The French National Statistical Institute (INSEE) business confidence index for the whole economy is expected to improve from 94 to 95 in March, while the manufacturing index should remain...

Some moderation in German Ifo expected

Mar 25, 2015 07:04 am UTC| Commentary

Societe Generale notes.. In March, we expect the Ifo business climate index to have risen to 106.9, from 106.8 before. While the rebound was stronger than expected in Nov-Jan, the improvement was weaker than expected...

Further near-term rate cut from BOT unlikely, policy to stay accommodative this year

Mar 25, 2015 06:59 am UTC| Commentary

Barclays notes.. We think the March cut was likely a one-off, aimed at pre-empting a further decline in confidence, and that this reduces the risk of an additional near-term move - particularly given the degree of...

Bank of Thailand MPC Minutes suggest limited concern over THB strength

Mar 25, 2015 06:51 am UTC| Commentary

The Bank of Thailand released the minutes of the 11 March MPC meeting this morning.The most notable take was the reference to recent THB strength, which the MPC attributed to "fundamental flows", such as the recent...