BI rate likely to remain unchanged

Aug 17, 2015 05:29 am UTC| Commentary

While the external situation remains unfavourable, Indonesia is fast losing the available window to cut rates and boost its weakening economy. Indonesias July CPI printed at 7.26% yoy, the same as in June and much higher...

Japan to take some time to reach trade balance on a sustainable basis

Aug 17, 2015 05:23 am UTC| Commentary

Japans July trade balance is likely to have reached a balance (0). This would mark a significant improvement from the 967bn deficit seen in July 2014. As oil prices have fallen rapidly, the terms of trade are improving,...

Global Reflation Series

Japan's economy likely at start of full scale reflation

Aug 17, 2015 05:18 am UTC| Commentary Economy

Due to the fall in oil prices, Japans CPI has stalled, while wages have been increasing since the start of the new fiscal year in April. As a result, real household income is recovering and consumer sentiment is now...

Weak US and Chinese economic recovery to impact Japan's Q2 GDP growth

Aug 17, 2015 05:07 am UTC| Commentary

Japans negative GDP growth is also impacted by the economic recovery remaining weak in US and China, and therefore the pace of recovery in Japanese exports has been slow."Q2 real export growth likely slowed to -1.6% qoq....

U.S. home-builder sentiment likely climbed to decade high

Aug 17, 2015 04:54 am UTC| Commentary

The U.S. NAHB Housing Market Index data is scheduled to relaese today. Rosier appraisals of current and future sales, combined with a projected rebound in prospective buyer traffic probably pushed the National Association...

Japan's Q2 GDP growth to be temporarily negative

Aug 17, 2015 04:44 am UTC| Commentary

The BoJ had initially expected that CT hikes will alleviate households future concerns about fiscal conditions and the social security system, and, therefore, were intended to have a positive effect on consumption....

Daily Economic Outlook: 17th August, 2015

Aug 17, 2015 04:38 am UTC| Commentary

The key US releases will be Wednesdays CPI inflation figures for July and the minutes of the July policy meeting. Headline inflation has hovered around zero since the turn of the year on the back of last years fall in oil...