
Active oil rigs count in US likely nearing its June low again
Sep 28, 2015 09:25 am UTC| Commentary
After rising on Friday, oil prices are largely shedding their gains again today. Prices are continuing to fluctuate as they did last week. Brent has dropped to $48 per barrel and WTI to $45 per barrel. Once again, weak...
U.S. manufacturing activity probably slowed further in September
Sep 28, 2015 08:56 am UTC| Commentary
With a quartet of district Federal Reserve canvasses and Markit Economics survey of 600 companies nationwide to go on, the projection for the Institute for Supply Managements (ISM) September barometer should be considered...
Indonesia may post slow growth rate in 2015-16
Sep 28, 2015 08:49 am UTC| Commentary
The effect of the sharp slowdown in government spending on Indonesias growth is clear. The countrys growth fell to 4.7% in H1, well below the trend rate of 5%. Although Q2 growth quickened to 1.4% q/q sa in Q2 from 0.8% in...

Sep 28, 2015 07:48 am UTC| Commentary Central Banks
Now that the probability of a Fed hike has shifted to December, the RBI is in a much better position to implement a cut. The other big concern is the progress of monsoon. Despite plentiful rainfall in June, the overall...

South Korean inflation likely to rise slightly in September
Sep 28, 2015 07:32 am UTC| Commentary
The rise in fresh food prices ahead of the Chuseok holiday and the hike in gas prices will likely be balanced by the decline in oil prices and discounted car prices due to a temporary excise tax cut put in place until the...
BCB maintaining rates at 14.25% looks doubtful?
Sep 28, 2015 07:28 am UTC| Commentary Central Banks
Brazils FX reserve data released on Friday night revealed that BCB (Banco Central do Brasil) did not in fact intervene on Thursday to support BRL as many originally assumed. Verbal intervention alone was enough to bring...
India's macro backdrop improved; GDP growth on right path
Sep 28, 2015 07:27 am UTC| Commentary Economy
Most macro indicators in Indian economy have been improving since early 2014. However, a recovery in private capex is asbent, partly reflecting large and persisting idle industrial capacity. Accordingly, euphoric...