India monsoon tracker Geographical variations remain large
Jun 12, 2015 07:00 am UTC| Commentary
The southwest monsoons arrived India on 5 June and have been mixed so far. Cumulatively, rainfall conditions have been normal, with the total rainfall between 1 June and 11 June just 1% below normal. However, the spatial...
Jun 12, 2015 06:40 am UTC| Commentary
Sentiment towards the USD remains positive, though positions have been significantly reduced and clients are now more selective about which currencies they are selling versus the USD. Improved US data over the past month...
Fixed income funds see outflows across the board
Jun 12, 2015 06:33 am UTC| Commentary
Fund flow data for the week ended 10 June showed that both developed-market (DM) and emerging-market (EM) bond funds witnessed outflows due to continued US treasury (UST) volatility. EM bond funds had a third week of...
Signalling strong interest in Korean debt
Jun 12, 2015 06:19 am UTC| Commentary
The intensity of capital flows to Korea was strong. This is helping push the SC FIRST flow intensity measure up sharply to 51% on 11 June from 31% on 4 June and signalling a pick-up in flow intensity to the average level...
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...