USD likely to gain in coming weeks

Oct 26, 2015 04:25 am UTC| Commentary

The USD could gain ground in the weeks ahead as positioning has cleaned somewhat and the Fed could continue signaling its willingness to start its normalization cycle no later than the 1Q of 2016. Although any...

Canada's fiscal policy on sight

Oct 26, 2015 04:22 am UTC| Commentary

With the economy as an important focus of the campaign in Canadas election, the Liberal party won on promises of additional infrastructure spending to help boost the economy. The proposed fiscal expansion could move the...

Jobs growth on the slow lane in India

Oct 26, 2015 02:22 am UTC| Commentary

The recent quarterly labour report, which captures changes in employment across sectors, made for grim reading. The report observed that in Jan-Mar 2015, the change in number of employed dropped to 64k from 117k the...

Recession is unlikely in Taiwan

Oct 26, 2015 02:13 am UTC| Commentary Economy

The preliminary GDP estimate for 3Q15 is in focus this week. The year-onyear growth is expected to register -0.3%, a further decline from 0.5% in 2Q15 and the first negative reading seen over six years since 3Q09. If...

The skepticism on the outlook of the Chinese economy has remained

Oct 26, 2015 02:05 am UTC| Commentary Economy

Skepticism over the outlook has remained in spite of stronger-than-expected 3Q15 GDP growth of 6.9% YoY. That was followed almost immediately by the simultaneous cut of 25bps/50bps respectively on benchmark rates/reserve...

US home selling prices probably climbed in August

Oct 26, 2015 01:09 am UTC| Commentary

Figures collected by real estate data provider CoreLogic suggest that home selling prices in the twenty metropolitan areas covered by the more widely followed SP/Case-Shiller (SPCS) survey rose by 0.6% in August,...

US durable goods orders expected to slump further

Oct 26, 2015 00:42 am UTC| Commentary

Pared by an aircraft-led drop in transportation equipment requisitions, durable goods orders probably contracted by 2.5% last month, eclipsing the 2.3% falloff posted in August. Reflecting a projected 81.5% dive in...