Japan's economy likely at start of full scale reflation
Aug 17, 2015 05:18 am UTC| Commentary Economy
Due to the fall in oil prices, Japans CPI has stalled, while wages have been increasing since the start of the new fiscal year in April. As a result, real household income is recovering and consumer sentiment is now...
Weak US and Chinese economic recovery to impact Japan's Q2 GDP growth
Aug 17, 2015 05:07 am UTC| Commentary
Japans negative GDP growth is also impacted by the economic recovery remaining weak in US and China, and therefore the pace of recovery in Japanese exports has been slow."Q2 real export growth likely slowed to -1.6% qoq....
U.S. home-builder sentiment likely climbed to decade high
Aug 17, 2015 04:54 am UTC| Commentary
The U.S. NAHB Housing Market Index data is scheduled to relaese today. Rosier appraisals of current and future sales, combined with a projected rebound in prospective buyer traffic probably pushed the National Association...
Japan's Q2 GDP growth to be temporarily negative
Aug 17, 2015 04:44 am UTC| Commentary
The BoJ had initially expected that CT hikes will alleviate households future concerns about fiscal conditions and the social security system, and, therefore, were intended to have a positive effect on consumption....
Daily Economic Outlook: 17th August, 2015
Aug 17, 2015 04:38 am UTC| Commentary
The key US releases will be Wednesdays CPI inflation figures for July and the minutes of the July policy meeting. Headline inflation has hovered around zero since the turn of the year on the back of last years fall in oil...
U.S. Fed's factory surveys to reveal slower pace of expansion in August
Aug 17, 2015 04:25 am UTC| Commentary
U.S. Empire State Manufacturing Survey to release manufacturing today. Societe Generale expects the headline figure to dip by 1.5 points to 2.4% in August and a touch below the mean year-to-date reading of...
Westpac Sees RBA on hold despite dovish market pricing
Aug 17, 2015 04:10 am UTC| Commentary Central Banks
Westpac chief economist Bill Evans sees the Reserve Bank of Australia keeping interest rates on hold well into next year, even as the market prices in a high chance of a cut by November. Westpac chief economist Bill Evans...