Singapore industrial production shrank by 5.4% (YoY) in Oct15

Nov 27, 2015 01:17 am UTC| Commentary Economy

Its such a sobering picture. Headline industrial production shrank by 5.4% (YoY) in Oct15. That makes for nine consecutive months of declines. Surely, this is a big cold bucket of water over the earlier better than...

Corporate Canada back in the red in Q3

Nov 26, 2015 15:00 pm UTC| Commentary Economy

Corporate profits slipped back into the red in Q3 (-5.4% q/q), after an impressive but short-lived rebound (+15.7% q/q) in Q2. All in all, profits have fallen in three of the past four quarters, leaving them 10% lower than...

MXN deprecation in line with its EM peers

Nov 26, 2015 05:24 am UTC| Commentary Economy

The beginning of the US monetary policy normalization cycle has been exceptionally well telegraphed, hence market stress is unlikely in Mexico. US Fed has been guiding markets towards higher rates in the near future,...

Frozen wages, insecure jobs, struggling youth, rising inequality, shrinking unions ... join the dots

Nov 26, 2015 04:35 am UTC| Insights & Views Economy

If youve been following the news about the Australian economy, you could be forgiven for thinking the country is in dire straits. The latest ABS data paints a grim picture as wage growth in the private sector hits a decade...

While the parliament debates, GDP numbers and RBI review comes into view in India

Nov 26, 2015 02:24 am UTC| Commentary Economy

The winter parliamentary session kickstarts today. In view of the setback at the recent state elections and possibility of stiff resistance on passage of key bills, the government has reached out to the opposition to...

US Q3 GDP growth revised higher to 2.1% on stronger inventory accumulation

Nov 25, 2015 23:24 pm UTC| Commentary Economy

According to the second estimate of the US Bureau of Economic Analysis (BEA),1 Q3 real GDP growth was revised higher to 2.1%QoQ saar from 1.5% in the advance estimate, in line with consensus expectations. The upward...

Market to focus next on Portugal's new economic and fiscal programme

Nov 25, 2015 23:00 pm UTC| Commentary Economy

Portugals new government has not yet presented its economic programme and the 2016 draft budget, which is expected in the coming days. This will be a critical test, as markets will assess Portugals ability to deliver sound...