Japan services sector shrinks in June, raises concern over weak consumer spending

Jul 05, 2016 06:15 am UTC| Commentary Economy

Japans services sector contracted in June, raising concerns over the countrys weak consumer spending, as new businesses shrank at the fastest pace in almost five years, a private business survey showed on Tuesday. Services...

Australia’s trade deficit in May widens on rise in imports; likely to narrow next year

Jul 05, 2016 06:06 am UTC| Commentary Economy

In seasonally adjusted terms, Australias trade deficit widened AUD 433 million to AUD 2.2 billion in May from Aprils upwardly revised deficit of AUD 1.8 billion. Australias trade deficit widened after improving for four...

Philippines’ headline inflation accelerates in June on rise in food prices

Jul 05, 2016 05:16 am UTC| Commentary Economy Central Banks

The Philippines annual headline inflation continued to accelerate in June, consistent with consensus expectation. The annual headline inflation quickened to 1.9 percent, the most rapid pace in more than one year, helped by...

FxWirePro: The Day Ahead- 5th July 2016

Jul 05, 2016 04:43 am UTC| Commentary Economy

Lots of economic dockets scheduled for today but all with low to medium volatility risks associated. Data released so far: Australia: Trade balance for May came at $2.2 billion deficit. Exports rose 1 percent and...

Emerging Market Crisis Series

Additional fiscal easing to counter adverse effect of Brexit on South Korea

Jul 04, 2016 12:48 pm UTC| Commentary Economy

The South Korean economy is unlikely to be impacted significantly by the likelyoutcome of Brexit vote. First and foremost, the country does not have a strong trade linkagewith the euro area and/or with the UK. Last year,...

Domestic investment to drive Thai economic growth in 2016; economy to expand slightly stronger at 2.8 pct

Jul 04, 2016 12:37 pm UTC| Commentary Economy

Domestic investment is expected to mainly drive the Thai economic growth this year rather than foreign demand or private consumption. It is quite vital that the promised infrastructure projects start in 2016 for the...

Brexit to impact Polish economy in medium term; growth of investment might suffer next year

Jul 04, 2016 12:22 pm UTC| Commentary Economy

The Polish economy is expected to witness several adverse effects of Brexit. Investment growth in the country is likely to face certain challenges in the coming years. Moreover, inflation is likely to accelerate slightly...