Q3 2015 sees corporate Canada back in red

Nov 27, 2015 03:53 am UTC| Commentary Economy

Canadas corporate profits declined to -5.4% qoq, to be back in red in third quarter of this year, after seeing a rebound in Q2, which was not lasting. In last four quarters, in three of them, the profits dropped, which...

UK's GfK consumer confidence depressed with a point, but remains positive

Nov 27, 2015 03:37 am UTC| Commentary

UKs November GfK long-running Consumer Confidence index declined by one point to +1. Declines were seen in three of the measures, which are used to calculate the index in this month, while the other one was steady.Joe...

Japan's core CPI softened

Nov 27, 2015 02:02 am UTC| Commentary

The inflation data out this morning showed mixed results. Headline CPI picked up to 0.3% (YoY) in Oct15 from 0% in Sep15, helped by the low base effect resulting from the oil price collapse last year. But the core CPI less...

No surprise from Philippines's 3Q15 GDP report

Nov 27, 2015 01:52 am UTC| Commentary

Philippiness GDP growth came in at 6.0% (YoY) in 3Q15, slightly below the forecast of 6.2%. Given that 2Q15 GDP growth has been revised up to 5.8%, full-year GDP growth is still set to come in at 5.7%. At this juncture,...

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...

UK GfK Consumer Confidence: Edging down, but still elevated

Nov 27, 2015 00:53 am UTC| Commentary

The November GfK consumer confidence index declined 1 point to 1, its third consecutive drop, but nonetheless remains elevated compared to historical levels. Each category registered a decline, with the exception of...

EM Asia FX: Underperformance trend remains incomplete

Nov 27, 2015 00:37 am UTC| Commentary Technicals

The trends have extended into a number of critical levels, and the September/October reversals have caused some concern that the medium term trends are vulnerable, corrective retracements as selling opportunities against...