China’s 5th Plenum focuses on social spending and green growth

Nov 02, 2015 05:53 am UTC| Commentary Economy

Another important event this week in China is the conclusion of the fifth plenary session of the 18th CPCCC (Fifth Plenum) on 29 October. The plenum approved the CPCCCs proposals for national economic and social...

UK Q3 GDP growth eased, pointing to unchanged productivity growth

Nov 02, 2015 05:49 am UTC| Commentary

The Q3 productivity growth is estimated to be broadly similar as in the past three quarters (approximately 1% y/y), with the gap between pre-crisis trends and actual realised productivity continuing to increase. In...

U.K. PMIs to highlight weakness in manufacturing

Nov 02, 2015 05:39 am UTC| Commentary Economy

Of the three PMIs, the manufacturing PMI of U.K. should continue to be by far the weakest. The official data showed a very healthy bounce of 0.5% mom in August output and the preliminary Q3 GDP estimate embodied an implied...

NZD/USD outlook

Nov 02, 2015 05:36 am UTC| Commentary

NZD/USD has performed well since the resurgence of the US dollar on 22 October, outperforming all the majors over the period since. And despite dairy prices set to post a second modest decline this week, the NZD should...

Deceleration unlikely in Euro area manufacturing PMI

Nov 02, 2015 05:32 am UTC| Commentary

Euro area manufacturing PMI for October is scheduled to release today.French PMIs continue to paint a poorer picture than the Bank of France and INSEE survey counterparts, both of which use larger samples and are as such...

Thailand's CPI inflation likely to remain in negative territory through 2015

Nov 02, 2015 05:32 am UTC| Commentary

Thailand faces 10th consecutive month of negative inflation. Lower energy prices remain dominant, as core inflation also remained rangebound at 0.95% y/y. While CPI increased 0.2% m/m after of three months, overall...

A softer inflation outlook lies ahead for US

Nov 02, 2015 05:26 am UTC| Commentary

The Federal Reserve committee retains its data-dependent stance and a softer inflation profile might be a reason to delay the first rate hike into 2016.Although the stabilization in oil prices should lead headline...