Harvinder Kalirai
Harvinder Kalirai
clear conclusive early economy fed halt headline hot inflation moving next percent perhaps policy running signs towards
There are very early signs of (a manufacturing slowdown), but I don't think they're conclusive enough to halt the Fed from tightening policy further, ... But I think, ultimately, with the economy running hot and inflation on a clear upswing, we see headline inflation moving towards and perhaps even surpassing 3 percent as we head into next year.
business coming cycle japanese lower moving positive signs starting trade
We're starting to see positive signs that the Japanese business cycle may be moving around. The dollar-yen should trade lower in coming months.
backdrop commodity external favorable high interest leading prices rates record support terms trade
High commodity prices are boosting Brazil's terms of trade and leading to record trade surpluses. A favorable external backdrop and still high real interest rates should support the Brazilian real.
domestic expect numbers reflects sharp solid trade
We did expect a sharp deterioration of the trade balance. The real story on the trade numbers is that the import surge reflects very solid domestic demand.
benign bigger gets gives japanese lower neglect reason seeing seems support terms weakness worried
We're seeing a benign neglect in terms of the weakness of the Japanese yen. There's little reason for the Japanese to be worried because it seems the lower the yen gets the bigger the support it gives to exporters.