South Korea’s industrial production likely declined again in February

Mar 29, 2016 05:52 am UTC| Commentary

South Korea is due to release its production and trade data this week that is expected to remain dull, according to DBS Bank. Currently, the Korean economy is being challenged by slowdown in growth. Since the beginning of...

Fundamental Evaluation Series

US consumers unlikely to be supportive of US economy in Q1 2016

Mar 29, 2016 05:24 am UTC| Commentary

US recorded modest growth of 0.2% m/m in personal income in February, as compared with consensus expectation of 0.1% growth. Real disposable income, excluding taxes and inflation, grew strongly by 0.3% m/m. Personal...

Australian bonds flat despite weak U.S. data

Mar 29, 2016 05:22 am UTC| Commentary

The Australian 10-year bond yield is unchanged on Tuesday despite weaker U.S. economic data which dampened expectations of further US rate rises. Moreover, U.S. Commerce Department in its report revealed that personal...

Most Asian markets in red ahead of Yellen speech, Gold back around $1220

Mar 29, 2016 03:39 am UTC| Commentary

Major Asian markets are trading on a lower note on Tuesday as all markets now back online after the Easter holidays. Gold fails to fall below $1208 and trading around $1218 marks. On the top side, gold fails to break key...

Japanese Yen gains on the back of higher than expected household spending data

Mar 29, 2016 01:00 am UTC| Technicals Commentary

USD/JPY is currently trading around 113.32 marks. It made intraday high at 113.48 and low at 113.28 levels. Japanese household spending rose for the first time in six months in February. Household spending...

U.S. ISM Manufacturing Index likely to jump back into expansionary territory in March

Mar 28, 2016 15:34 pm UTC| Commentary

Since August last year, U.S. ISM Manufacturing Index has been lingering in recessionary territory. In March the index is expected to jump back into expansionary territory. TD Economics expects the index to rise to 50.4,...

Inflation unlikely to be a concern for MAS in determining monetary policy

Mar 28, 2016 15:05 pm UTC| Commentary Central Banks

Subdued commodity prices and the governments housing policies have kept Singapores inflation at sub-zero growth for the 16th consecutive month since February 2015. 2015s average CPI came in at -0.5%, at the lower bound of...