U.K. PMIs to highlight weakness in manufacturing

Nov 02, 2015 05:39 am UTC| Commentary Economy

Of the three PMIs, the manufacturing PMI of U.K. should continue to be by far the weakest. The official data showed a very healthy bounce of 0.5% mom in August output and the preliminary Q3 GDP estimate embodied an implied...

Some positive factors to sustain Korea's production

Nov 02, 2015 03:55 am UTC| Commentary Economy

Korean exports fell 15.8% y/y in October, worse than expected, the largest decline in the headline rate this year, precipitated by large falls in shipments of petrochemicals, auto parts, steel and vessels, as well as high...

China’s service sector taking over from manufacturing

Oct 30, 2015 07:27 am UTC| Commentary Economy

The Chinese economy grew by 6.9% in Q3 15, which was a tad better than expected, given the recent raft of disappointing data and news out of the Middle Kingdom. However, the figures conceal a gradual shift in demand...

U.S. average hourly earnings to rebound sharply

Oct 30, 2015 07:10 am UTC| Commentary Economy

The remaining portions of the U.S. BLS establishment survey are expected to be quite positive. Previously discussed calendar effects associated with the comparatively late termination of this months canvassing period -...

Korea's October payback likely

Oct 30, 2015 04:23 am UTC| Commentary Economy

Koreas IS ratio for electronics and autos also stays elevated. Overall, September activity indicators were stronger due to pre-shipments and pre-production ahead of the Chuseok holidays and Chinas October Golden Week. This...

Credit growth remains tepid in India

Oct 30, 2015 02:39 am UTC| Commentary Economy

Despite signs of a gradual improvement in production numbers and discretionary spending, loan growth remains tepid. Non-food credit has averaged 9.5% YoY so far this fiscal year, down from 11% last year and FY12-14 average...

Gradual recovery in Indonesia's investment growth

Oct 30, 2015 02:26 am UTC| Commentary Economy

That investment growth is likely to come in around 3.6%, well below its long-term trend of circa 8%, clearly makes it to be the main drag of overall GDP growth this year. And coupled with a weak external demand, the risk...