Growth rebalancing likely to take time in Euro Area

Aug 02, 2015 06:25 am UTC| Research & Analysis Economy

Member states have started to release Q2 preliminary GDP data. Spanish GDP growth accelerated by 0.1pp to 1.0% q/q, its fastest pace since March 2007. The Spanish economy has a further 3.9% to recover before returning to...

Euro zone suffers from employment fragmentation

Jul 31, 2015 11:14 am UTC| Insights & Views Economy

At the peak of the crisis, unemployment in U.S. was hovering around 10%, which is clearly not being considered as healthy and Federal Reserve has taken unprecedented steps in monetary policy easing to tackle the...

No sign of inflation in Japan

Jul 31, 2015 07:45 am UTC| Commentary Economy

At least consumer price data in Japan came in slightly above expectations yesterday. Even though the national inflation index came in a tenth below the May result at 0.4% yoy it also came in a tenth above expectations. Of...

Japan's new fiscal plan signals possiblity of complete exit from deflation

Jul 30, 2015 11:28 am UTC| Commentary Economy

Japans 2015 fiscal plan is different from the previous fiscal plan in which improving the primary balance to a surplus was the main objective. The key principle underlying in the new Japans Economic and Fiscal plan 2015 is...

Japan's new fiscal plan likely to reduce downside risks to economic growth

Jul 30, 2015 04:32 am UTC| Commentary Economy

The downside risks to Japans economic growth are likely decreased with the new revised fiscal plan, and the chance for a complete exit from deflation increased. The relief effect having proved ineffective, it was...

Upcoming FOMC and GDP release in focus amid improving data

Jul 25, 2015 06:15 am UTC| Commentary Economy

International developments moved to the back seat this week, as the risks stemming from Greek debtcrisis and Chinas equity market eased off for now. However, renewed weakness in commodity sectorand concerns over corporate...

IMF raises concerns on China's financial market accessibility

Jul 24, 2015 07:00 am UTC| Commentary Economy

The preliminary Caixin/Markit manufacturing PMI for July was softer than expected 48.2. It is the fifth straight month of contraction and more pertinently, it is the lowest reading in 15 months. The recent correction in...