Taiwan’s export orders to recover for the second straight month

Nov 19, 2015 22:59 pm UTC| Commentary

Taiwans export order growth rebounded to -4.5% yoy in September from -8.3% yoy in August, thanks to a recovery in demand for electronics. Manufacturing PMI reports from different institutions indicated new order PMIs...

Last UK public finance data before the Autumn Statement

Nov 19, 2015 22:47 pm UTC| Commentary

The UK budget deficit is falling but at nowhere near the pace projected by the OBR in its July forecasts (a fall of 22.9% for the full fiscal year). Tax revenues are rising at almost exactly the rate predicted by the OBR...

Euro-area consumer confidence to improve

Nov 19, 2015 22:35 pm UTC| Commentary

The consumer confidence indicator, published by the European Commission, is based on questions concerning the general economic situation, expectations of unemployment, savings and households financial situation over the...

Russia's sliding consumption implies extended recession into Q4

Nov 19, 2015 21:56 pm UTC| Commentary

October real sector data for Russia were mixed, with production data improving and consumer data deteriorating further. Net-net this points to further downside risk for Q4 growth following stabilization in Q3. The...

ECB’s October minutes: Examining all options for further action in December

Nov 19, 2015 21:28 pm UTC| Commentary Central Banks

The account of the monetary policy October meeting makes it clear that the Governing Council (GC) was dissatisfied about how monetary policy had so far not been able to deliver a noticeable impact on its final target, i.e....

Fed tightening not the end for EM financial markets

Nov 19, 2015 18:11 pm UTC| Commentary

The positive reaction by investors on Thursday to the FOMC minutes, which gave a heavy hint that US interest rates will be hiked next month, supports the view that emerging markets (EMs) will fare well in 2016/17. Equities...

US Leading Economic Index® rebounds in October

Nov 19, 2015 15:34 pm UTC| Commentary

The Conference Boards Leading Economic Index rose 0.6% m/m in October, a touch above forecast and consensus expectations for a 0.5% increase. The September reading was revised up slightly to -0.1% m/m from the initial...