Review of decoupling of oil and inflation expectations in Euro area

Dec 04, 2015 10:50 am UTC| Commentary Economy

European Central Banks (ECB) president Mario Draghi, at yesterdays conference cited one of the key argument that stand out against providing larger stimulus has been arguments of hawks that lower oil price has been behind...

Weak exports remain a source of worry in South Korea

Dec 04, 2015 01:43 am UTC| Commentary Economy

GDP growth has been revised to 5.3% (QoQ saar) for 3Q, compared to 5.0% in the preliminary figures. The upward revision mainly came from domestic demand, including both private consumption (5.0% vs. 4.7%) and investment...

Emerging Market Crisis Series

South Korean economy better despite slowing China and MERS

Dec 03, 2015 09:03 am UTC| Commentary Economy Central Banks

GDP figure for third quarter, released by Bank of Korea (BOK) showed that economy didmuch better in the third quarter than originally anticipated. Korean economy faced heavy headwinds from slowdown in exports to China and...

Australia's real sales in line with long-term trend, low inflation weighs on retail turnover

Dec 03, 2015 08:49 am UTC| Commentary Economy

Australias retail sales are expected by market consensus to be 0.4% month on month on a seasonally adjusted basis, being unchanged from that of its previous month. Retail sales in October stood at 3.7 yoy. If there...

Emerging Market Crisis Series

Brazil's Indstrial Production continues its sharp deceleration

Dec 03, 2015 08:39 am UTC| Commentary Economy

Brazils IP dropped by 9.5% in third quarter. The industrial production for October month on month basis is expected by the market consensus to decline by -0.1%, while year on year basis is expected at -10.4%. Recent...

Japan's third quarter GDP might be better than expected

Dec 03, 2015 02:52 am UTC| Commentary Economy

The capital spending index out this week surprised on the upside. On the YoY basis, capital expenditures surged 11.2% in 3Q, far better than the -0.3% decline seen in private non-residential investment in the preliminary...

Chair Yellen distilled the key themes for the US economy and the interest rate outlook overnight

Dec 02, 2015 23:44 pm UTC| Commentary Economy Central Banks

Overnight, Chair Yellen began a two-day engagement in Washington with an address to its Economic Club (to be followed by testimony before the Joint Economic Committee tomorrow). Being the final major addresses made by...