Business conditions to confirm a firm recovery in Japanese economy

Jun 30, 2015 05:01 am UTC| Commentary

Japans current business condition diffusion index (DI) for large manufacturers is likely to improve to +14 in Q2 from +12 in Q1. After rising to +17 in Q1 2014 due to the temporary increase in consumption ahead of the...

German improvement in unemployment to remain slow in June

Jun 30, 2015 04:59 am UTC| Commentary

While the overall conditions in the German labour market remain positive, with vacancies continuing to rise to new historical highs, the modest pace of activity and higher uncertainty is likely to weigh on hiring still for...

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...

THB weakening further

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...