China business sentiment hits 1-year high on surge in new orders, improving demand

Sep 23, 2016 06:58 am UTC| Commentary Economy

Business sentiments in China surged to a one-year high during the month of September, helped by rise in manufacturing orders, besides improvement in demand across the country. The MNI China Business Sentiment Indicator,...

Taiwan’s export orders surprise on the upside in August as strong Chinese demand lends support

Sep 23, 2016 06:28 am UTC| Commentary Economy

Taiwans export orders surprised financial markets on the upside during the month of August, following strong demand from China that lent suitable support to the countrys overseas trade. The low base effect could partly...

U.S. labor market conditions continue to tighten

Sep 23, 2016 06:26 am UTC| Commentary Economy

In the week ending 17 September, the U.S. initial jobless claims dropped sharply to 252,000. It was lower than consensus expectations. The initial claims number matches to the survey week for the employment report. The...

Singapore’s consumer price inflation declines 0.3 pct y/y, likely to rise in months ahead

Sep 23, 2016 06:25 am UTC| Commentary

Singapores consumer price inflation declined for the 22nd consecutive month in August; however, it registered a smaller drop of 0.3 percent year-on-year in August, as compared with the decline of 0.7 percent in the...

Eurozone consumer confidence improves in Sep, likely to strengthen further on ECB’s policy stance

Sep 23, 2016 05:31 am UTC| Commentary Economy

Consumer confidence in the eurozone improved slightly during the month of September, remaining well above the long-run average. Also, given recent trends in employment and a very accommodative policy by the European...

Bank of Thailand to stay on hold this year, USD/THB likely to trade higher before December FOMC meeting

Sep 23, 2016 05:17 am UTC| Commentary

The Thai central bank, Bank of Thailand, kept its policy rate on hold at 1.5 percent on 14 September, given signs of economic rebound. Moreover, the countrys household debt increased 4.73 percent year-on-year to THB 11.08...

New Zealand bonds strengthen following RBNZ’s dovish monetary policy statement

Sep 23, 2016 05:07 am UTC| Commentary

The New Zealand government bonds closed higher Friday as investors poured into safe-haven assets after the Reserve Bank of New Zealand in its monetary policy statement hinted at lowering its key interest rate further due...