Today’s upward revision of GDP unlikely to boost confidence for Japan

Sep 08, 2015 15:16 pm UTC| Insights & Views Economy

Today GDP data showed that Japanese economy shrank only by 0.3% in second quarter compared to previous estimate of 0.4% contraction and comfortably beating median estimate of 0.5% contraction. However this upward...

Russian economic contraction intensifies

Sep 08, 2015 14:16 pm UTC| Insights & Views Economy

Just like analyst and economists expected, Russian economy faced sharp second quarter contraction in 2015, given weakness in commodities, especially energy prices, its major exports and severe weakness in Rouble. Sanctions...

Typhoon pushes Taiwan's food prices higher in August

Sep 08, 2015 02:31 am UTC| Commentary Economy

August inflation came in at -0.45%, stronger than expected (Barclays: -0.85%; consensus: -0.80%), as a powerful typhoon (Soudelor - on 7-8 August) pushed up food prices.Food prices were up 3.1% y/y (Jul: 1.8%; Jun: 1.9%),...

Exports continue to face headwinds in Taiwan

Sep 08, 2015 01:17 am UTC| Commentary Economy

August trade data remained disappointing. Exports contracted 14.8% (YoY) in dollar terms, worse than the -11.9% in Jul15. Admittedly, the weakness in headline numbers was partly caused by the high base in the year-ago...

Domestic demand becomes key driver of GDP growth in the CEE region

Sep 08, 2015 00:05 am UTC| Commentary Economy

The structure of GDP growth in the Centeral and Eastern Europe (CEE) region is gradually changing. While in 2011 and 2012, net exports represented the key source of GDP growth, we are now seeing a visible shift towards...

U.K. housing market imbalance continues in August

Sep 07, 2015 07:51 am UTC| Commentary Economy

The key feature of the U.K. July RICS housing survey was the glaring contrast between the strength of new buyer enquiries and the weakness of new vendor instructions (a difference between them is taken as a measure of...

China's activity growth likely to improve

Sep 07, 2015 06:16 am UTC| Commentary Economy

Chinas housing investment should start to see a slightly more pronounced recovery after four months of sales rebounds. Nominal retail sales might have improved as well given a higher inflation rate. Chinas activity...