Singapore likely to be marginally affected by Brexit in the near term

Jun 27, 2016 07:01 am UTC| Commentary Economy

The effect of Brexit is likely to affect Singapore marginally in the near term, given that the equity market has already responded negatively on the Black Friday of June 24, and the SGD has depreciated against the...

New Zealand records trade surplus in May on stronger-than-expected export values

Jun 27, 2016 06:51 am UTC| Commentary Economy

New Zealands goods imports for May grew 5.7 percent to $4.2 billion in May 2016, which is mainly driven by increase in consumer goods imports that grew 16 percent y/y, according to Statistics New Zealand. Meanwhile, goods...

Mexico’s exports likely to have declined in May on slower U.S. growth

Jun 27, 2016 06:11 am UTC| Commentary Economy

The deceleration in Mexicos merchandise exports and imports in recent times is not much different from that in the first quarter of 2016 and in the fourth quarter of 2015. However, there appears to certain change in the...

Euro area’s M3 money supply growth likely to have accelerated in May

Jun 27, 2016 05:38 am UTC| Commentary Economy

Euro areas M3 money supply growth is likely to have accelerated in last month. Lately, private sector credit has been slow; however, a gradual acceleration and a rebound is anticipated between now and the end of 2016. In...

Vietnam likely to outperform despite Brexit; farm output likely to weaken

Jun 27, 2016 05:35 am UTC| Commentary Economy

Vietnam is expected to outperform in the region despite result of a Brexit that is expected to stretch the ongoing instability in the global economy. Vietnam remains the Asian economy that continues to withstand the...

Fundamentals to watch out for this week

Jun 27, 2016 05:26 am UTC| Commentary Economy

In terms of scheduled events, this week isnt that risk heavy but post-Brexit scheduled and unscheduled commentaries and actions make it extremely risk heavy. What to watch for over the coming days: Brexit...

U.S. durable goods orders weaken in May; downside risks to business spending outlook re-ignite

Jun 27, 2016 05:16 am UTC| Commentary Economy

U.S. durable goods orders dropped 2.2 percent in May, weaker than projections. Core capital goods orders also came in weaker. Meanwhile, data for shipments indicate towards positive spending in equipment in the second...