USDAsia pullback likely temporary

Sep 22, 2015 06:44 am UTC| Commentary

Fed kept rates on hold, the prospect of higher US rates has become less of an issue at this stage for EM Asia, while risks of a sharper slowdown in China and larger CNY depreciation have become increasingly important...

Norges Bank to be tentatively on hold till Q4

Sep 22, 2015 06:39 am UTC| Commentary Central Banks

The Norges Bank is expected to keep policy unchanged at its September meeting, despite Norways weak near-term growth outlook. Three reasons are identified, according to Barclays, for why Norges Bank may stay its...

Australian dollar bounce to be capped by China growth concerns amidst USD pullback

Sep 22, 2015 06:35 am UTC| Commentary

Australian house prices have increased at a rapid rate this year, with annualised growth accelerating to roughly 15% over recent months. Australias growth has been marked down reflecting a sharper forecast slowdown in...

Weakness in Taiwan's industrial production likely to persist

Sep 22, 2015 06:31 am UTC| Commentary

The sharp slowdown in mainland Chinas industrial and construction sectors has weakened demand for capital goods and industrial supplies. Taiwans exporters were not immune. Industrial production (IP) fell into a deeper...

Brazil's unemployment to rise substantially in medium term

Sep 22, 2015 06:19 am UTC| Commentary

The GDP contraction this year has resulted in a sharp deterioration in Brazils labour market as the unemployment rate rose to 7.5% in July from 4.3% in December 2014 (to 7.3% from 5.1% on a seasonally-adjusted basis during...

Taiwan faces weaker growth prospects

Sep 22, 2015 05:43 am UTC| Commentary

The picture for the Taiwanese economy has changed a lot since the Q2 meeting. GDP growth dropped sharply in Q2 to 0.5% yoy from 3.4% yoy in Q1 on a significantly reduced contribution from net exports. There was no...

Brazil's current account improvement continues on falling imports

Sep 22, 2015 05:37 am UTC| Commentary Economy

Growth weakness at home is helping on the external front of Brazil although export growth probably remains under pressure (at least in dollar terms). Going forward, gains on the export front is expected given the...