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...

Greek “agreement” not likely to solve debt problems

May 27, 2015 18:29 pm 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...

New Zealand budget: sees 2014/15 budget deficit of NZD 648m

May 21, 2015 02:11 am UTC| Economy

NZTreasurysees inflation reaching 2% in 4Q 2016 Treasurysees jobless rate fallingto 4.7% by 1Q 2017 Fin Min English sees option of modest tax cuts in 2017 Englishsees GDP growth averaging 2.8% over next 4...