More inflation and easing needed in Euro Area
Sep 28, 2015 03:10 am UTC| Commentary
Euro area data are likely to highlight the problem faced by the ECB, economic activity is not high enough to generate sufficient inflation pressure for it to achieve its price stability objective."Euro area headline and...
Further US labor market tightening likely
Sep 28, 2015 03:08 am UTC| Commentary
Next week, as every first week of the month, market attention will be focused on the non-farm payroll report."An increase of 200k is expected in the headline number (190k for the private payroll), a steady unemployment...
Asian stocks slide in quiet start to week
Sep 28, 2015 02:53 am UTC| Commentary
Asian markets were trading mostly lower on Monday morning, with retailers rising while commodity stocks fell. Traders will be looking ahead to the US session when inflation data is due to be released and New York Federal...
South Korea's inflation expected to rise slightly in September
Sep 28, 2015 02:21 am UTC| Commentary
Both headline and core inflation are likely to have rebounded slightly on a year-on-year basis in September. The rise in fresh food prices ahead of the Chuseok holiday and the hike in gas prices will likely be balanced by...
Sep 28, 2015 01:56 am UTC| Commentary
Industrial production likely fell for a second consecutive month in August given a significant decline in exports. Trade data show that exports contracted from $46.6bn in July to $39.2bn in August, though this was...
Catalonia elections: Pro-independence wins absolute majority in seats, but not in votes
Sep 28, 2015 01:44 am UTC| Commentary
The pro-independence platform (Junts pel si), together with the Popular Unity Candidacy (CUP), which also supports independence, have won 47.7% of the vote and an absolute majority of seats in the 135-seat regional...
Some growth stabilisation expected in China's official manufacturing PMI
Sep 28, 2015 00:56 am UTC| Commentary
The China flash Caixin manufacturing PMI disappointingly dropped further to 47 in September from 47.3 the previous month. Gauges of output, new orders and employment all decreased at faster rates. This report suggests...