Australia's mining capex drops, non-mining capex outlook improves

Nov 23, 2015 08:26 am UTC| Commentary

In Australia, the firms revised investment plans for 2015-16. The capex survey will provide numbers of actual business investment in third quarter of the year. These two reports are crucial and awaited this week. The...

US October existing home sales likely to slip modestly

Nov 23, 2015 07:41 am UTC| Commentary

US existing home sales or home resales is expected to modestly slid from previous recording of 5.55M for the month of September. Market expects US Octobers home resales to stand at 5.39M. The falloff in pending homes...

Euro Area's November flash PMIs likely to show resilience

Nov 23, 2015 07:21 am UTC| Commentary

Euro areas Purchasing Managers Flash Index for October stood at 52.3, and in November the flash PMI on a cosnsensus is expected to be same as in last month. We dont expect much change in the flash November figure, with...

Italy's request on investment clause likely to be approved by EU?

Nov 23, 2015 06:03 am UTC| Commentary

Todays Eurogroup meeting will be focusing on Draft Budgetary Plans for 2016, the EU commissions assessment follows.EC and EU ministers of finance would likely agree on few aspects;France, Ireland, Slovenia, which are...

Mexico's September retail sales growth likely to average a strong 5.3% yoy

Nov 23, 2015 05:50 am UTC| Commentary

Mexicos average retail sales trended up this year, despite the growth weakness in the first half of the year and labour market slowdown, partially because of low base effects from first half of 2014, and mostly on this...

Taiwan's IP likely bottoming out

Nov 23, 2015 05:34 am UTC| Commentary

In Taiwan, there is an improvement seen in the export orders growth in the month of September and the countrys IP growth might likely begin to bottom out, as suggested by this. The external demand will likely improve,...

Japan's October core CPI to remain slightly negative

Nov 23, 2015 05:21 am UTC| Commentary

Japans Governor Haruhiko Kuroda said in a recent meeting that the share of CPI items are increasing with a positive year on year growth, and this indicates a positive growth. Out of the important aspects that BOJ seeks,...