Taiwan's trade outlook remains challenging

Oct 09, 2015 01:41 am UTC| Commentary Economy

Taiwans trade data have remained sluggish. Exports shrank 14.6% (YoY) in Sept, a similar rate of contraction compared to -14.8% in Aug. Demand from China led the decline (-20.5%), followed by that from Japan (-15.1%) and...

Malaysia's export sales surprised on the upside but mainly due to valuation effect

Oct 08, 2015 01:37 am UTC| Commentary Economy

Malaysias export sales surprised on the upside but mainly due to valuation effect. The headline export growth number registered an expansion of 4.1% YoY, stronger than market expectation of 1.3%. Imports fell 6.1%, which...

Brazil’s inflation slows for second consecutive month

Oct 07, 2015 12:43 pm UTC| Insights & Views Economy

Inflation in Brazil has eased for second consecutive month, which takes some pressure of the central bank to hike rates further or go for a mega hike. Real has also gained pace last month after the central bank promised to...

Switzerland finally moves out of deflation zone

Oct 06, 2015 13:10 pm UTC| Insights & Views Economy

The driving factor behind our long-term CHF view is Switzerlands inflation outlook which will allow the SNB to keep its nominal rates lowest in the world. It has reported its CPI MoM numbers at 0.1% from previous...

US consumer credit probably reaccelerated in August

Oct 04, 2015 23:28 pm UTC| Commentary Economy

Powered by an anticipated auto-led pickup in nonrevolving liabilities outstanding, the nominal value of consumer instalment credit likely expanded by $21.5 billion in August, eclipsing the $19-billion takedown posted in...

EMEA: Poland on hold, divergent inflation trends in Turkey and Russia

Oct 04, 2015 22:18 pm UTC| Commentary Economy

In Poland, NBP is expected to keep policy rate unchanged. Inflation surprised on the downside, and is very low at -0.8% y/y. However, base effects and drought should boost it in Q4 and next year. Growth has remained steady...

U.S. not immune to global weakness

Oct 04, 2015 07:52 am UTC| Commentary Economy

Headwinds to U.S. growth emanating from the soft global economic backdrop and elevated greenback were one of the motivations behind the Feds decision not to raise rates in September. As we kick off October, these risks...