Norway registered unemployment continue increasing

Aug 31, 2015 06:42 am UTC| Commentary

Registered unemployment in Norway increased by 1000 persons in August, less than the expectation. The number was expected to increase to 1 500 persons, says Nordea bank. The number is also somewhat stronger than implied by...

India's Q1 FY16 GDP growth to be lower than that of Q4 FY15

Aug 31, 2015 06:39 am UTC| Commentary

Neverthe less, while Indias economy has seemingly bottomed out, the recovery still seems quite wobbly. Lower oil prices apart, weak demand has meant consistently low inflation for manufactured products as manufacturers do...

South Korean exports are likely to have weakened in August

Aug 31, 2015 06:35 am UTC| Commentary

Temporary factors such as the summer vacation and the special holiday on 14 August to celebrate the 70th Liberation Day cannot fully explain the weakness in South Korean exports, which would be negative for the short-term...

South Korean headline inflation likely to rise a bit

Aug 31, 2015 06:29 am UTC| Commentary

The renewed decline in crude oil prices should be reflected in retail oil prices despite the rise in USD/KRW exchange rates, although it will probably be offset by the seasonal hike in fresh food prices. South Koreas...

Brazilian economy likely to contract by 2.5% in 2015

Aug 31, 2015 06:23 am UTC| Commentary

Economic data for the second quarter confirmed Brazilian economy is now in technical recession. Q2 GDP came in at -1.9% Q/Q and Q1 GDP was revised down to -0.7%. The data was worse than expected. The country expected to...

South Korea's IP probably rose further

Aug 31, 2015 06:20 am UTC| Commentary

South Koreas industry data shows that auto production increased for the second consecutive month in July based on the seasonally-adjusted series. Year-on-year growth probably declined from 1.2% in June to -2.5% in July...

Australia's retail sales consolidating after autumn surge

Aug 31, 2015 06:13 am UTC| Commentary

Australias retail sales surprised on the upside in June with a 0.7% mom gain, despite a marginal (0.1%) decline in food sales, meaning that non-food sales jumped by 1.2% mom, their largest gain since January (food sales...