
UK manufacturing sector to recoup some of the July fall
Oct 06, 2015 21:31 pm UTC| Commentary
The sector appears to be weakening with surveys showing significant declines from the peak readings of 2013 and 2014. However, the output indices within the surveys still signal positive output growth which does not fit...

German industry activity should improve in Q3 but risks are rising in Q4
Oct 06, 2015 21:22 pm UTC| Commentary
German industrial output is expected to have increased by 0.6% mom in August, following the 0.7% mom increase in July. In H1, momentum in industrial activity remained very weak but the ratio of orders to inventories have...
US consumer credit likely expanded in August
Oct 06, 2015 21:10 pm UTC| Commentary
Powered by an anticipated auto-led pickup in nonrevolving liabilities outstanding, the nominal value of consumer instalment credit likely expanded by $21.5 billion in August, eclipsing the $19-billion takedown posted in...
No imported inflation, no asset inflation in Singapore
Oct 06, 2015 20:56 pm UTC| Commentary
There is no imported inflation in Singapore. The off-scheduled decision to flatten the slope of the SGD policy band on 28 Jan was attributed to the sharp plunge in global oil prices that pushed Singapores import price...
Tepid global growth leads to substantial widening in US trade deficit
Oct 06, 2015 20:49 pm UTC| Commentary
The U.S. international trade deficit widened substantially to $48.3billion in August, from $41.8 billion in July. The widening in the deficit was slightly worse than the 48.0bn expected by the market. With the exception of...
Singapore's growth and inflation below target
Oct 06, 2015 20:38 pm UTC| Commentary
The Monetary Authority of Singapore (MAS) is unlikely to abandon the current policy of appreciating the SGD nominal effective exchange rate (NEER) band at a modest and gradual pace at the upcoming policy review in...
Poland keeps policy rate on hold as changing MPC causes rate path uncertainty
Oct 06, 2015 17:42 pm UTC| Commentary
The National Bank of Poland (NBP) kept its 1.5% policy rate on hold, as expected. There was little new information available in the statement. Even though inflation surprised on the downside in September, the NBP did not...