Singapore's another intermeeting easing likely before October
Jul 08, 2015 06:58 am UTC| Commentary Economy
Singapores external growth momentum is waning, as evidenced by non-oil domestic export growth falling by 0.2%y/y (consensus: 2.3%y/y). Meantime, CPI inflation was soft in May - the core reading fell from 0.4%y/y to 0.1%yy...
Euro to recover modestly in long term
Jul 08, 2015 06:30 am UTC| Economy
Further out, a modest EUR recovery is expected, as the positive effects of QE/credit easing feed through. The economic recovery will take time to feed into higher inflation capping longer-term forecasts, says RBC...
Australian labour market holding up well in the great transition
Jul 08, 2015 05:30 am UTC| Commentary Economy
The recent data suggest that the job losses in Australias mining and those sectors associated with mining investment are more than being offset by gains in residential construction, catering services and other parts of the...
USD/IDR gaps up at open following weekend risk off
Jun 29, 2015 02:42 am UTC| Economy
Widespread stock losses in Asia, JKSE -0.78%, further weigh on IDR PBOCs rate cut adds to concerns over Chinas growth worries USD/IDR last at 13350-13355, traded 13345-13365 range NDFs last index at...
Landscape for US durable goods orders to begin improving gradually
Jun 23, 2015 06:59 am UTC| Commentary Economy
After two quarters of weakness, US durable goods orders are expected to show a bottoming in capex spending. The manufacturing ISM rose modestly in May and the diffusion index for new orders has now posted two...
Japan's private consumption to remain sluggish
May 28, 2015 05:35 am UTC| Economy
The rebound in retail sales in April did not reverse the plunge in March, and we think that consumer spending will remain sluggish in coming months. The 0.4% m/m rise in retail sales values last month was not strong...
Greek "agreement" not likely to solve debt problems
May 28, 2015 05:28 am UTC| Economy
The markets have not surprisingly responded positively to the headlines that Greece and its creditors have started to draw up some form of an agreement. There are no details at the moment, but Greek officials have...