Thailand current account surplus likely to reach 10 pct of GDP this year, says DBS

Nov 24, 2016 07:26 am UTC| Commentary Economy

Current account surplus in Thailand is expected to reach 10 percent of the countrys gross domestic product, beating last years record of 8 percent. The huge build-up in C/A surplus has been driven by weak import demand and...

Renminbi Series

Chinese Yuan’s share in global payments declining

Nov 24, 2016 07:25 am UTC| Commentary Economy

The Chinese yuan has been steadily losing its attraction, according to a report by Swift payment system. As an effect of economic stagnation, uncertainties surrounding high levels of domestic debt, higher volatilities and...

Japan consumer inflation likely to improve in October on temporary surge in food prices

Nov 24, 2016 07:12 am UTC| Commentary Economy

Consumer inflation in Japan is likely to have improved during the month of October, owing to a temporary surge in food prices. Japans consumer price index, due to be released on Friday, is expected to rise to 0.1...

Singaporean dollar likely to remain vulnerable amidst soaring U.S. inflation expectations

Nov 24, 2016 07:00 am UTC| Commentary Central Banks Economy

Singapores CPI-All Items inflation accelerated from -0.2 percent in September to -0.1 percent year-on-year in October. In the meantime, the core inflation, which strips the costs of accommodation and private road transport...

U.S. manufacturing PMI surges to 13-month high in Nov, fuels expectations of faster Fed tightening in 2017

Nov 24, 2016 06:34 am UTC| Commentary Economy

The manufacturing sector of the United States remained upbeat during the month of November, jumping to 13-month high during the period, fueling expectations for a faster interest rate hike by the Federal reserve in...

U.S. initial jobless claims jump, remain consistent with 4-week moving average

Nov 24, 2016 05:42 am UTC| Commentary Economy

The initial jobless claims in the United States, jumped during the week ended November 18, remaining consistent with the indexs 4-week moving average. Also, it remained well above the threshold mark of 3,00,000, that...

U.S. new home sales post surprise fall in October, hints at temporary housing market setback

Nov 24, 2016 05:04 am UTC| Commentary Economy

New home sales in the United States unexpectedly fell during the month of October, hinting at a temporary setback in the worlds largest economy, amid an environment of recovering labor market. US new home sales fell 1.9...