China's credit growth to have declined again in March

Apr 10, 2015 05:56 am UTC| Commentary

China is scheduled to release March monetary data from 10-15 April.Chinas credit growth has slowed as banks remain cautious on lending amid concerns about rising NPLs and weak credit demand from corporates owing to high...

China growth momentum likely moderated further in Q1

Apr 10, 2015 05:54 am UTC| Commentary

China will announce Q1-2015 GDP and March growth indices on 15 April.Standard Chartered estimates Q1 GDP growth likely slowed to 6.9% y/y from 7.3% in Q4-2014 on the continued housing investment slump, slow profit growth,...

Weak demand may have weighed on China's trade growth

Apr 10, 2015 05:51 am UTC| Commentary

Chinas customs department will release March trade data on 13 April.According to Standard Chartered, the export growth is expected to have slowed to 8.8% y/y in March from 48.3% in February, when last years low base...

Australia March unemployment rate likely unchanged at 6.3%

Apr 10, 2015 05:48 am UTC| Commentary

Australia will release March labour-market data on 16 April.Australias business confidence dropped below the neutral level of zero in February for the first time in 19 months; consumer confidence followed suit in March....

Daily Economic Outlook: 10 April, 2015

Apr 10, 2015 05:41 am UTC| Commentary

UK industrial production for February (0830 GMT) will provide the key domestic highlight. After picking up in the year to 2013Q4, industrial output has subsequently been broadly flat as gains in manufacturing have been...

Indian government’s export targets are unlikely to be met

Apr 10, 2015 05:35 am UTC| Commentary

The Indian government last week published its Foreign Trade Policy (FTP) for 2015-2020. The most significant target that has been set is to almost double exports of goods and services to US$900bn in FY20/21 (the fiscal...

Repo and fed funds inversion

Apr 10, 2015 01:58 am UTC| Commentary

Trading in the fed funds market is significantly different than it was when the Fed last raised interest rates in 2006. Balance sheet pressures, risk aversion, and shifts in dealer behavior are pushing (some) repo rates...