Japan sliding into recession mode, 2% inflation target still a major concern for BoJ

Nov 20, 2015 09:33 am UTC| Insights & Views Economy

The GDP data (-0.2%) for Q3 illustrated that Japan is in recession. However, while the inflation rate remains at 0 because of which the BoJ cannot breathe a sigh of relief. Unchanged unemployment claims were stubborn...

Philippines back to 6% growth

Nov 20, 2015 01:49 am UTC| Commentary Economy

Last weeks policy meeting reemphasised that Bangko Sentral ng Pilipinas is unlikely to loosen its monetary policy stance anytime soon. While CPI inflation is set to miss the official target this year, GDP growth momentum...

Mexico economy likely to have accelerated in Q3, and looks set to improve further

Nov 19, 2015 23:30 pm UTC| Commentary Economy

Mexicos economic activity has, in fact, surprised to upside in recent months considering the extent of slowdown in industrial production (particularly in the mining sector). The trade and IP numbers put supply-side growth...

Fitch: Changing Crude Supply Trends May Help European Refiners

Nov 19, 2015 11:15 am UTC| Economy

Changes in global oil supply trends, including highRussian production, the expected renewal of Iranian heavy crude exports and thepressure on US shale oil output, may benefit European refiners, Fitch Ratingssays. These...

More affirmative action underway in India

Nov 19, 2015 01:52 am UTC| Commentary Economy

Asian markets, included India, are likely to digest the overnight US FOMC minutes when trade resumes today. The US Feds notes reinforced expectations that the rate lift-off was likely at the Dec policy meeting. Since the...

Jobless youth raise risk of Indonesia's 'demographic bonus' turning into disaster

Nov 19, 2015 00:59 am UTC| Insights & Views Economy

Sudirman Nasir, Lecturer and researcher at the Faculty of Public Health, Universitas Hasanuddin Policy-makers in Indonesia have been cheering over a demographic bonus, a condition where people of productive age (15-64)...

Poland's retail sales growth to decrease in October

Nov 18, 2015 22:35 pm UTC| Commentary Economy

Polands retail sales growth is expected to have decreased to -0.7% in October from 0.1% in September compared with a mom increase of 3.4%. Retail sales were mainly driven by car sales (8.1% yoy), textile, clothing and...