Greek “agreement” not likely to solve debt problems

May 27, 2015 18:29 pm UTC| Economy

The markets have not surprisingly responded positively to the headlines that Greece and its creditors have started to draw up some form of an agreement. There are no details at the moment, but Greek officials have...

New Zealand budget: sees 2014/15 budget deficit of NZD 648m

May 21, 2015 02:11 am UTC| Economy

NZTreasurysees inflation reaching 2% in 4Q 2016 Treasurysees jobless rate fallingto 4.7% by 1Q 2017 Fin Min English sees option of modest tax cuts in 2017 Englishsees GDP growth averaging 2.8% over next 4...

Singapore’s economy gloomy on March Inflation data

Apr 17, 2015 12:42 pm UTC| Economy

The Singapore economy grew a disappointing 1.5 per cent in the last three months of 2014, according to advance estimates released by the Ministry of Trade and Industry. But during the first months of 2015 the economy has...

Japanese consumer confidence recovers, fails to lift spending

Apr 17, 2015 08:23 am UTC| Economy

It is observed that consumer prices in Japan rose 2.0 percent on year in February. Consumer confidence improved from an upwardly-revised 40.9 in February to 41.7 in March, the fourth straight rise. Prices were flat from a...

Tricky games of Hong Kong CPI amid solid domestic demand, low oil prices

Apr 17, 2015 07:07 am UTC| Economy

Hong Kong will announce March CPI inflation on 21 April. The headline inflation y/y is expected to have eased moderately. Food and housing (accounts for almost 60% of CPI weighting basket) likely stayed high offsetting the...

Improving Aussie Economic Environment Impacts AUD positively

Apr 17, 2015 06:37 am UTC| Economy

It has been noted with a keen observation that Australian macros are outperforming among major Asia Pacific (APAC) economies in the recent past. As a result, Australian economy headed into perfect boom in 2015.In the last...

Fitch: Spain Faces Slow, Uneven Housing Market Recovery

Mar 23, 2015 10:33 am UTC| Economy

Recent data suggests that Spains protracted house price correction is coming to an end, in line with Fitch Ratings forecasts. Improving credit supply will support the housing market, but weak fundamentals, particularly in...