Philippines expects steady remittance growth ahead

Jun 12, 2015 06:04 am UTC| Commentary

The Philippines will release April remittance data on 15 June. Acording to Standard Chartered, remittance growth is likely to have eased to 5% y/y, from 11.3% in March. The strong March print was likely a one-off,...

Singapore to accelerate retail sales growth

Jun 12, 2015 05:59 am UTC| Commentary

Singapore will release April retail sales on 15 June. A rise of 7.9% y/y is expected from 2.1% the previous month, says Standard Chartered. This is inflated by a favourable base effect, as retail sales fell sharply in...

Chinase economy indicates early signs of stabilization

Jun 12, 2015 05:45 am UTC| Commentary

The real economy of China showed pockets of strength in May, although overall growth momentum remained soft. Growth in exports and imports continued to disappoint. Real activity data is mixed, and GDP growth expected to...

China's inflation likely to trend higher in H2

Jun 12, 2015 05:31 am UTC| Commentary

Chinas CPI inflation to rise above 2.0% by year-end. CPI inflation is set to reach 2.2% y/y in December, and is likely to average around 1.6% in 2015, forecasts Standard Chartered. This assumes that, (1) food inflation...

China's disinflation driven by food and energy

Jun 12, 2015 05:22 am UTC| Commentary

Headline CPI inflation fell in May, fuelling speculation of more rate cuts. CPI dropped 0.2% m/m, and the y/y reading fell to 1.2% in May from 1.5% in April. PPI edged down 0.1% m/m, with the y/y reading unchanged at...

Daily Economic Outlook: 12th June, 2015

Jun 12, 2015 04:30 am UTC| Commentary

Having expanded by 0.4% in Q1, the euro zone economy is expected to post another firm quarter of growth in Q2. Industrial production data for April will help gauge the extent of the improvement in the activity outlook at...

Fed Chair Yellen to signal a post-summer rate hike

Jun 12, 2015 02:02 am UTC| Commentary

The upcoming week sees the US FOMC decision and press conference on 17 June. Encouraged by recent solid job-market data and signs of stronger wage growth, Fed Chair Yellen is expected to signal a rate hike is coming after...