UK price pressures remain absent

Dec 13, 2015 22:13 pm UTC| Commentary Economy

UK data this week should highlight extremely low UK price pressures and support increasingly dovish Bank of England rhetoric, keeping downward pressure on sterling. Consensus expect headline CPI inflation (Tuesday) to be...

Asian data to set risk tone, but FOMC policy decision front and centre

Dec 11, 2015 18:43 pm UTC| Commentary Economy

Although the macro calendar serves up some useful data over the course of the coming week, broad market attention is expected to be concentrated around the looming FOMC policy meeting outcome (Wed). By now, a 25bp...

U.S. consumers working up some holiday mojo

Dec 11, 2015 18:13 pm UTC| Commentary Economy

Retail sales for November grew the most in four months, up 0.2 percent. This modest increase is less than expectations but above Octobers 0.1 percent figure. However, excluding gas and autos the figure was up a robust 0.6...

US Inflation Expectations: Survey Based

Dec 11, 2015 09:57 am UTC| Commentary Economy

Market participants know well that for long time FOMC mainly looked at poll-based inflation expectations rather than the market based ones. Poll-based one appeared far better than the latter for a long time. But now,...

UK construction output data continues to puzzle?

Dec 11, 2015 06:48 am UTC| Commentary Economy

UKs construction output is expected to rise to 1.0% in the month of October on mom basis seasonally adjusted, as per the consensus, while the year on year value is likely to come in at -1.1%. There is high support from...

Fiscal spending is crucial for Indonesia's GDP growth outlook

Dec 11, 2015 02:25 am UTC| Commentary Economy

While GDP growth is expected to tick higher to 5.2% in 2016, and probably to around 5.5% in 2017, President Widodos target of 7% GDP growth by 2019 seems a stretch. That several members of the cabinet still talk about the...

Economic reform is crucial to sustain long-term growth in Vietnam

Dec 11, 2015 02:11 am UTC| Commentary Economy

The economy will likely report a solid growth performance of 6.6% for this year. But to sustain the sanguine economic outlook in the long-term, reforms will be crucial. In this regard, a steady process is already underway....