China housing market to continue improving

Jul 24, 2015 05:27 am UTC| Commentary

Increases in new home prices expanded to 27 out of 70 cities in China in June, reaching 14-month high, while the differentiation in trends between markets in the Tier-1 and other cities widened. In line with the...

China's fiscal and monetary policy mix to stay accommodative

Jul 24, 2015 05:22 am UTC| Commentary

Although the pace of Chinas broad-based monetary easing is likely to slow, the fiscal policy is expected to be more expansionary, with increasing local government spending to support investment, particularly in...

MERS drives consumption lower in Korea's Q2 GDP

Jul 24, 2015 05:16 am UTC| Commentary

The conditions for a late-summer acceleration, in Koreas IP and exports remain in place, although modest, helped by inventory destocking in the electronics and auto sectors, and a stronger recovery in the US and...

Due to weaker PMI China likely to grow at 6.8% in 2015

Jul 24, 2015 04:55 am UTC| Commentary

The headline PMI deteriorated from its final reading of 49.4 in June, with the output sub-index worsening to 47.3, a 16-month low. The Markit "flash" manufacturing PMI fell to 48.2 in July, reaching a 15-month low, where...

Daily Economic Outlook: 24th July, 2015

Jul 24, 2015 04:19 am UTC| Commentary

The euro area purchasing managers indices have remained relatively resilient in recent months, even as the Greek crisis intensified. In fact, both manufacturing and services PMIs improved in June, leaving the average for...

Commodity weakness adds to headwinds for EM credit

Jul 24, 2015 04:14 am UTC| Commentary

This weeks developments have not provided much relief as the better-than-expected Chinese Q2 growth last week seems to have failed to lift sentiment, commodities have continued to fall and the USD has strengthened further...

NZ Trade Balance Falls into Deficit in June; Exports to China Rise

Jul 24, 2015 04:14 am UTC| Commentary

New Zealands monthly merchandise trade balance fell into deficit for the first time since December last month, however, exports to China rose for the first time since August, and exports rose on an annual basis for the...