China Crisis Series

Structural weakness persist in China as weak monetary data looms on

Jun 27, 2016 11:35 am UTC| Commentary Economy

Chinas monetary data for the month of May, point to a set of structural weakness in the economy, as Chinese commercial banks extended loans worth USD 149.56 billion in new yuan loans. This well exceeded market expectations...

Direct impact of Brexit on Asia Pacific economies likely to be limited, output growth to slowdown

Jun 27, 2016 10:50 am UTC| Commentary Economy

A significant investor risk aversion and volatility in the financial market has been set off following the Brexit decision. The consequential implications on the economy are still quite uncertain. However, it is evident...

Briferendum Series

Brexit is not good news for the NHS – here's why

Jun 27, 2016 10:38 am UTC| Insights & Views Economy

The run up to the Brexit referendum saw Leave campaigners such as Boris Johnson claiming that uncontrolled immigration puts unsustainable pressure on our vital public services including the NHS. But the evidence suggests...

Emerging Market Crisis Series

Brazil’s credit growth likely to have decelerated in May; trend to continue throughout 2016

Jun 27, 2016 10:05 am UTC| Commentary Economy

In 2016, Brazils outstanding credit has fallen in each month and is likely to have continued with the trend in May. Outstanding credit is expected to have dropped 0.1 percent m/m to BRL 3.140 billion, said Societe Generale...

Outcome of EU referendum generates new risks for US economic outlook

Jun 27, 2016 09:31 am UTC| Insights & Views Economy Commentary

The British vote to leave the EU has rattled markets across the globe, dampening the already weak global growth outlook. Initial extreme moves during the UK trading session were pared back with a chorus of central bankers...

U.S. advance goods balance likely to have widened in May

Jun 27, 2016 09:27 am UTC| Commentary Economy

The U.S. advance goods balance in May is expected to have broadened by around USD 2 billion to -USD 59.8 billion, said Societe Generale in a research report. Exports of goods are likely to have changed slightly in May;...

Briferendum Series

Brexit to negatively impact EU short-term growth outlook

Jun 27, 2016 09:26 am UTC| Commentary Economy

The decision of UK to exit the European Union will adversely impact the short-term growth prospect of the EU through a direct effect on trade, increased uncertainty and tightening of monetary and financial conditions due...