South Korea’s December industrial production likely recovered after shrinking in past two months

Jan 28, 2016 07:13 am UTC| Commentary

South Koreas December industrial production is likely to have recovered after it registered contraction in October and November. According to the exports data for December, there is a clear contrast between weakness in the...

Japan’s December jobless rate likely to remain unchanged at 3.3%

Jan 28, 2016 07:00 am UTC| Commentary

Japans jobless rate has remained lower than 3.5% for some time, while labour demand and supply has become tight. The countrys December unemployment rate is expected to remain unchanged at 3.3%. Meanwhile, in the last few...

Guide to today’s important data and events

Jan 28, 2016 06:41 am UTC| Commentary

Lot of economic dockets be released today. All with low to medium risks associated. Data released so far Australia - Export price index dropped -5.4% in fourth quarter, while import price index dropped by...

Fed Hike Aftermath Series

US Fed likely to hold funds rate target in March

Jan 28, 2016 06:15 am UTC| Commentary Central Banks

The US Fed maintained the Fed funds rate target at 0.25-0.50, on par with expectations. Nevertheless, there were many changes to the central banks statement that indicate that the Fed might keep the rates on hold in March....

Daily Economic Outlook—Jan 28

Jan 28, 2016 05:47 am UTC| Commentary

An initial estimate of the UKs Q4 GDP growth data that is due to be released today is likely to show a moderate growth of 0.5%. The expected 0.5% growth will be more than the 0.4% growth registered in Q3; however, it will...

RBNZ maintains benchmark rate at 2.5%, keeps door open for additional easing

Jan 28, 2016 05:25 am UTC| Commentary Central Banks

The Reserve Bank of New Zealand has maintained its Official Cast Rate (OCR) at 2.5%, on par with expectations, after lowering the rate by 25bp in December. However, the central bank took a more dovish angle, opening the...

Philippines economy likely to grow 5.5% in 2016

Jan 28, 2016 04:56 am UTC| Commentary

Philippines recorded 6.3% y/y growth in Q4 2015, more than Barclays expectations and consensus. The full year 2015 growth was 5.8%, slightly lower than the 6% growth recorded in 2014, and above Barclays forecast of 5.5%....