Danish trade surplus likely to be slightly lower in 2016, 2017

Jun 27, 2016 12:51 pm UTC| Commentary Economy

Denmark has been recording a decent current account surplus. This is partially due to quite a limited corporate investment appetite keeping imports low. But the sizeable surplus is also because of the countrys huge net...

South Korea’s headline inflation likely to have recovered modestly in June

Jun 27, 2016 12:12 pm UTC| Commentary Economy

South Korean headline CPI inflation is expected to have recovered modestly on a year-on-year basis. However, it is likely to continue to be at very low level below 1 percent, said Societe Generale in a research report. On...

Eurozone private sector loans edge higher in May despite Brexit reality

Jun 27, 2016 11:58 am UTC| Commentary Economy

Private sector loans edged higher in Eurozone for the month of May despite the United Kingdoms historic decision on June 23 to leave membership of the European Union. Though the data has been compiled before the UK voted...

Norges Bank likely to cut rates in H2 despite high inflation due to weaker growth outlook

Jun 27, 2016 11:53 am UTC| Commentary Central Banks Economy

The Norges Bank is depending on an expansionary monetary policy because of the weaker economic outlook. The central bank has cut its interest rate by 100 basis points to current 0 .5 percent since the end of 2014. The...

Japan’s jobless rate likely to have declined further in May

Jun 27, 2016 11:38 am UTC| Commentary Economy

Japans unemployment rate is likely to have dropped further in May. Corporates in Japan have been increasing their activities of hiring since the beginning of the fiscal year in April as they feel a strong sense of labor...

China Crisis Series

Structural weakness persist in China as weak monetary data looms on

Jun 27, 2016 11:35 am UTC| Commentary Economy

Chinas monetary data for the month of May, point to a set of structural weakness in the economy, as Chinese commercial banks extended loans worth USD 149.56 billion in new yuan loans. This well exceeded market expectations...

Direct impact of Brexit on Asia Pacific economies likely to be limited, output growth to slowdown

Jun 27, 2016 10:50 am UTC| Commentary Economy

A significant investor risk aversion and volatility in the financial market has been set off following the Brexit decision. The consequential implications on the economy are still quite uncertain. However, it is evident...