US factory orders likely declined in May on slide in demand for durable goods

Jul 04, 2016 12:13 pm UTC| Commentary Economy

Factory orders in the US are expected to have declined in May on a drop in durable goods orders. According to a Societe Generales research report, factory orders might have dropped onepercent in May, dragged down by a 2.2...

Brazil’s exports outlook for 2017 deteriorates slightly post Brexit; BCB likely to start easing policy in Q3

Jul 04, 2016 11:38 am UTC| Commentary Economy Central Banks

Post Brexit vote, the outlook for Brazils exports for next year has dropped slightly, along with its implications for commodity prices. Brazils domestic demand continues to be in a bad shape; however, the consumption...

German FM signals for mutual co-operation within EU community post-Brexit

Jul 04, 2016 11:25 am UTC| Commentary Economy

Germanys Finance Minister Wolfgang Schaeuble, during media interviewssignaled the need to maintain a sense of mutual co-operation between the EU members. The possibility of Brexit has triggered a lot of uncertainty over...

Australia's political uncertainty spooks markets, sees warnings from major ratings agencies

Jul 04, 2016 11:21 am UTC| Insights & Views Economy Commentary

Aussie initially came under considerable pressure during Asian market open after it became clear over the weekend that the parliamentary elections would not result in a clear majority for either party. Australias political...

Malaysian economic growth to moderate in 2016; weaker foreign demand to pose as headwinds

Jul 04, 2016 10:50 am UTC| Commentary Economy

The Malaysian economic growth is likely to slowthis year. There are downside risks to the growth because of subdued foreign demand and limited private consumption given high household debt. In 2015 and 2014, the Malaysian...

Taiwan’s headline CPI inflation likely to have remained stable in June

Jul 04, 2016 09:41 am UTC| Commentary Economy

Taiwans headline CPI inflation is expected to have remained stable in June. In the previous month, the CPI inflation had slowed to 1.2 percent year-on-year from 1.9 percent year-on-year. This was predominantly because of...

UK’s construction sector sees renewed drop in output levels in June, PMI drops to below 50

Jul 04, 2016 09:38 am UTC| Commentary Economy

Junes data shows a renewed drop in output levels throughout the UKs construction sector, led by a sharp drop in residential building and decline in commercial work for the first time since May 2013. The seasonally adjusted...