U.S. labor markets show positive sign

Dec 01, 2015 09:21 am UTC| Commentary Economy

In September, the number of job openings in the United States shown a sign of improvement as it increased by 3.7% and stood at 5.5 million, the U.S. Bureau of Labor Statistics reveals. Similarly, the number of hires...

A worsening underlying trend in Korean exports, masked by 1 time surge in November vessel delivery

Dec 01, 2015 06:20 am UTC| Commentary Economy

Koreas November exports dropped 4.7%, coming in above expectations. However, there is no reason for optimism. The 133% yoy surge in vessel deliveries was the main lift, which has come in Novembers last 10 days. Exports...

US pending home sales data suggests softness in Q4 home sales

Dec 01, 2015 04:08 am UTC| Commentary Economy

US October pending home sales edged up slightly by 0.2% month on month, a more strong rebound was expected against the consecutive declines in past two months. 1.0% was expected by market consensus. There is an increase...

Japan's domestic demand still lackluster

Dec 01, 2015 02:59 am UTC| Commentary Economy

Yesterdays data showed that retail sales rose notably in Oct (1.1% MoM sa). But the household expenditures index posted a further decline during the same month (-0.7%). The latter is a better indicator measuring domestic...

India's July-September GDP not a game-changer for today’s RBI review

Dec 01, 2015 02:33 am UTC| Commentary Economy Central Banks

Indias growth maintained its spot as amongst the fastest in the region. Real GDP growth rose to 7.4% YoY in 3Q 2015 (second quarter FY15/16) in line with expectations and higher than 7% the quarter before. The underlying...

Loan growth sank back into the red in Singapore

Dec 01, 2015 02:06 am UTC| Commentary Economy

Singapore loan growth sank back into the red. After four encouraging months of expansion, growth in overall loans and advances has dipped into negative level again. Latest October loan growth reported a contraction of 0.4%...

Domestic demand remains the key driver in South Korea

Dec 01, 2015 01:38 am UTC| Commentary Economy

South Koreas domestic demand is gathering pace thanks to the stimulus effects of monetary and fiscal policy easing. Retail sales registered a very strong rise of 3.1% (MoM sa) in Oct. Consumer confidence index picked up...