UK construction output data continues to puzzle?

Dec 11, 2015 06:48 am UTC| Commentary Economy

UKs construction output is expected to rise to 1.0% in the month of October on mom basis seasonally adjusted, as per the consensus, while the year on year value is likely to come in at -1.1%. There is high support from...

Fiscal spending is crucial for Indonesia's GDP growth outlook

Dec 11, 2015 02:25 am UTC| Commentary Economy

While GDP growth is expected to tick higher to 5.2% in 2016, and probably to around 5.5% in 2017, President Widodos target of 7% GDP growth by 2019 seems a stretch. That several members of the cabinet still talk about the...

Economic reform is crucial to sustain long-term growth in Vietnam

Dec 11, 2015 02:11 am UTC| Commentary Economy

The economy will likely report a solid growth performance of 6.6% for this year. But to sustain the sanguine economic outlook in the long-term, reforms will be crucial. In this regard, a steady process is already underway....

China's growth slowdown cushioned by changes in economic structure

Dec 10, 2015 22:25 pm UTC| Commentary Economy

Following 30 years of rapid growth of about 10% per year from 1981-2010, average growth in China decelerated to around 8% in 2011-2014. Chinas growth is expected to decline further as faster growth in the service sector is...

UK fiscal headwind still strong

Dec 10, 2015 22:01 pm UTC| Commentary Economy

Ongoing fiscal austerity will continue to constrain overall economic growth. While the Chancellors recent Autumn Statement modestly softened the near-term impact of the cut backs - increasing spending and cutting borrowing...

BRITISH GOVERNMENT SAYS LOCATION DECISION FOR NEW AIRPORT RUNWAY SUBJECT TO FURTHER CONSIDERATION ON ENVIRONMENTAL IMPACTS - STATEMENT

Dec 10, 2015 19:23 pm UTC| Economy

Russian macroeconomic conditions have soured again just as the Bank of Russia (CBR) approaches a rate decision on Friday 11 December. It is a familiar sequence of events. Global oil prices have declined to new lows,...

Emerging Market Crisis Series

South African markets likely to remain on the back foot

Dec 10, 2015 16:33 pm UTC| Commentary Economy

The sell-off in South African markets on Thursday was probably a sign of things to come. The yields on 10-year government bonds rose more than 100bp, to leave them above 10% for the first time since 2008. That added to a...