South Korea headline inflation likely picked up, due to food and oil prices

Jul 01, 2015 04:55 am UTC| Commentary

A modest rise in South Koreas fresh food prices is expected due to drought, which actually means a significant pick-up in seasonally adjusted prices given the well-established pattern of a sizeable decline in fresh food...

Fed rate hike, Malaysian domestic rate cut

Jul 01, 2015 04:26 am UTC| Commentary

Malaysia and Indonesia are probably most vulnerable to large capital outflows on steeper than expected Fed rate increases. Both countries have seen a surge in the foreign ownership of local currency bonds.Malaysia is...

Daily Economic Outlook: 1st July, 2015

Jul 01, 2015 04:19 am UTC| Commentary

Markets will continue to digest ramifications today of developments in Greece. Although, the risk of the ECB withdrawing emergency liquidity support to the countrys banks remains, it is more likely for now to continue to...

Malaysian Ringgit weakening considerably

Jul 01, 2015 04:17 am UTC| Commentary

Ringgit has weakened considerably in the last few weeks on the back of deteriorating trade balance and increase in political noises.This weakness is expected to have more legs, driven mostly by a decline in exports; as...

MYR slowdown on LNG and GST likely to hurt exports and consumer spending

Jul 01, 2015 04:14 am UTC| Commentary

Lower energy prices (particularly LNG) and the 6% GST (since 1 April) will likely hurt exports and consumer spending. April exports data are showing the first signs of a severe LNG impact, as LNG prices track crude oil...

India not in deflation, as suggested by WPI

Jul 01, 2015 03:52 am UTC| Commentary

Indias Chief Economic Advisor Arvind Subramanian, has cited a sustained deflationary trend in WPI to justify the call. While a deflationary trend in an inflation gauge does indeed merit a call for a rate cut, a question...

Sweden Riksbank: Expect another small rate cut

Jul 01, 2015 03:42 am UTC| Commentary

Though modest, strengthening of SEK and recovery of both inflation and inflationary expectations, dampening expectations for furtherpolicy action from the Riksbank in July.The current bond purchase program continues...