U.S. retail sales expected to rise for first time in three months
Mar 09, 2015 12:31 pm UTC| Commentary
A price-induced increase in gasoline service station revenues, combined with an anticipated acceleration in control purchases, probably propelled retail and food services sales 0.5% higher in February, reversing almost one...
U.S. Feb import prices on downtrend
Mar 09, 2015 12:30 pm UTC| Commentary
Foreign product quotes probably fell by another full percentage point last month, boosting the cumulative falloff since last June to 10.4%.In contrast to the petroleum-led reductions posted over the preceding seven months,...
Nigeria to see stronger price rises in coming weeks
Mar 09, 2015 12:29 pm UTC| Commentary
Nigeria continues to feel the downside impact of a weaker oil-price environment, despite a recovery in the oil price from its January lows.The 0.4% m/m increase in the SC-PCPT marks the start of a more pronounced inflation...
Renminbi consolidates its position as key payment currency
Mar 09, 2015 12:26 pm UTC| Commentary
The Renminbi remained the worlds No. 5 most-used payment currency in January 2015, trailing only the US dollar (USD), the euro (EUR), the British pound (GBP) and the Japanese yen (see the image). 2.2% of global SWIFT...
China to see both great risk and great reform in 2015
Mar 09, 2015 10:48 am UTC| Commentary
Chinas new leaders are convening for their annual NPC plenary meeting to define the countrys economic orientation for 2015.Policymakers lowered the growth target to "about 7%" for 2015 from 7.5% previously. But there is a...
China exports strong, trade surplus surges
Mar 09, 2015 10:47 am UTC| Commentary
Export growth improved 15.1% compared with January and February in 2014. In December, total exports expanded 9.5% y/y.For January and February as a whole, imports contracted 20.4% y/y compared with the same two months last...
PBOC to continue with selective easing
Mar 09, 2015 10:46 am UTC| Commentary
In recent months, rising nominal rates and falling inflation (0.8% yoy in January), have caused real rates to increase, whereas growth continued to slow and liquidity tightened as a result of PBOC intervention to prevent...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects