BCB likely to increase selic rate in March meeting
Feb 02, 2016 10:29 am UTC| Commentary Central Banks
Brazils economic condition is likely to remain weak in near term as long as political crisis weigh on investment decisions and stimulate negative tone in the financial markets. Industrial production decreased nearly 8...
South Korea’s exports ease in January, likely to remain weak in 2016
Feb 01, 2016 08:37 am UTC| Commentary
South Koreas exports in January declined 18.6% y/y, much lower than Barclays forecast of a decline of 12% and consensus expectation of a decline of 10.3%. This is the weakest exports data since August 2009. On a monthly...
Indian manufacturers continue facing structural challenges despite rise in January manufacturing PMI
Feb 01, 2016 06:46 am UTC| Commentary Economy
Indias January 2016 headline manufacturing PMI rose to 51.1 from December 2015s 49.1. However, the headline PMI reading continues to be weak according to past standards. Indias local industry continues to face considerable...
Fitch criticises CBT’s delay in simplifying 3-rate corridor to one policy rate
Jan 26, 2016 09:00 am UTC| Commentary Central Banks
Turkey has been cautioned by Fitch that the Central Bank of the Republic of Turkeys delay in simplifying the 3-rate corridor to only one policy rate gives a negative picture. According to the rating agency, the development...
Brazil’s seasonally adjusted unemployment rate likely inched up to 8.3% in December
Jan 25, 2016 07:20 am UTC| Commentary
Brazils unemployment rate had increased unexpectedly in October to 7.9% and declined to 7.5% in November. The lack of considerable increase in unemployment during H2 2015 should not be understood at labor market...
SARB likely to hike rate lower than market forecast
Jan 22, 2016 04:47 am UTC| Commentary Central Banks
The ZAR is expected to be weak in the near future, although lesser than what was witnessed in 2015. If South Africas local government elections are not disrupted and if the February budget is well received, the country...
Brazil decision to keep rates on hold raises questions of independence
Jan 21, 2016 18:01 pm UTC| Commentary Central Banks
Banco Central do Brasil (BCB) surprisingly left rates unchanged at 14.25% at yesterdays monetary policy meeting. The expectation had been for a rate hike of 50bp. The decision raises questions regarding the central banks...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight