UK Current account deficit likely to remain widen
Jun 30, 2015 04:56 am UTC| Commentary
UK trade account is relatively stable but the current account deficit has exploded in recent years because of a collapse in net property income. The latter has come about as a result of the UKs economic outperformance...
Jun 30, 2015 04:43 am UTC| Commentary
Agricultural GDP growth: Thailands rainy season officially began on 1 May, but as of 16 June rainfall has been abnormally low according to the Royal Irrigation Department (RID).Thailands main rice cultivation areas are...
Taiwan CBC unlikely to hike rates
Jun 30, 2015 04:39 am UTC| Commentary
Taiwans rate normalization will probably lag the Federal Reserves move if the domestic inflation outlook remains modest. As the CBC sees 2015 inflation at 0.1% yoy, lower than average inflation in the past five years, the...
Daily Economic Outlook: 30th June, 2015
Jun 30, 2015 04:28 am UTC| Commentary
In advance of the end-month bailout extension expiry, Greek developments will remain closely watched both for signs of any return to negotiations, or of any change in sentiment around the ECBs ongoing support to the Greek...
Cross-currents to keep AUD stable
Jun 30, 2015 04:07 am UTC| Commentary
The AUD has been relatively stable versus the USD and on a trade weighted basis in June, ending the quarter close to the forecast of 0.77. There have been various cross-currents including mixed domestic data (weak...
AU rates: a conditional easing bias
Jun 30, 2015 03:59 am UTC| Commentary
RBA policy risk is supporting a steep curve. RBA is expected to the keep policy unchanged over coming months while the Bank assesses the run of data to gauge the traction of current policy settings.There is an implied...
Jun 30, 2015 03:54 am UTC| Commentary
The pickup in US data alongside a September Fed hike will support USD-CAD.Additionally, WTI prices will dip in Q3 (before rebounding in Q4), according to our energy analysts, also weighing on CAD. With USD/CAD downside...