South Korea's exports and trade surplus to rise significantly in June

Jun 30, 2015 05:41 am UTC| Commentary

Interim trade numbers up to 20 June suggest a significant rise in South Koreas exports and trade surplus in June. Societe Generale says, exports is liekly to pick up from $42.4bn in May to $48.0bn in June, while imports...

UK Q1 GDP to be revised up

Jun 30, 2015 05:39 am UTC| Commentary

The second estimate of UK Q1 GDP surprised in that it was not revised up from the original estimate of 0.3% qoq; services growth was actually revised down, offsetting upward revisions to IP and construction.Since then,...

Food and oil prices likely to increase South Korea's headline inflation

Jun 30, 2015 05:35 am UTC| Commentary

South Korea expects a modest rise in fresh food prices 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 prices...

Flash June Italian HICP consumer prices to rise by one tick

Jun 30, 2015 05:33 am UTC| Commentary

Energy prices to be the main driver behind higher Italian consumer prices as the other metrics should remain broadly stable across the board.Italian HICP inflation in May rose more than we expected due to a more prominent...

France's softening household consumption

Jun 30, 2015 05:17 am UTC| Commentary

The softening French May consumption stems from the non-energy component, which is estimated to have dropped by 0.5% mom. The upcoming summer sales, starting at the end of June, are likely to have fed through as consumers...

Flash June Euro area HICP inflation to print a tick low

Jun 30, 2015 05:09 am UTC| Commentary

The ongoing recovery in Euro area consumer prices is expected to falter a bit in June. The energy component should benefit from the higher gasoline prices recorded over the month of June (1.1% mom) while the food component...

China's PMI to deliver more constructive tone

Jun 30, 2015 05:06 am UTC| Commentary

Chinas HSBC manufacturing PMI flash estimate rose modestly to 49.6 in June from 49.2 in May. Improvements in production and external demand were the main drivers. Nevertheless, convincing signs of improvements in domestic...