US ISM suggest goods-producing sector likely to remain subdued in Q3

Sep 02, 2015 04:09 am UTC| Commentary Economy

The US ISM manufacturing index fell to 51.5 in August, posting a larger decline on the month. The decline was led by the components of the survey that tend to be most indicative of future activity. As such, the August...

Malaysian economy continues to record solid growth

Sep 02, 2015 00:47 am UTC| Commentary Economy

The Malaysian economy continues to record solid growth, though the pace decelerated notably in the second quarter to 4.9% y/y from the 5.6% gain recorded in the first three months of 2015. Activity is driven by domestic...

US economy showing signs of improving momentum after a weak start to the year

Sep 01, 2015 22:30 pm UTC| Commentary Economy

The US economy is showing signs of improving momentum after a weak start to the year, led by consumer and housing activity. Solid job growth, rising income gains, low gas prices, and pent-up demand should sustain the...

Global economy continues to struggle

Sep 01, 2015 21:31 pm UTC| Commentary Economy

The global economy continues to struggle, with Chinas slowdown, the downward bias in commodity prices, and the renewed increase in financial market turbulence risking further weakness. There are not enough growth engines...

U.S. demographics and the wage-less recovery

Sep 01, 2015 20:55 pm UTC| Commentary Economy

This Fridays employment figures will be the last key labor data ahead of the September FOMC meeting. The aboveconsensus forecast for a 0.4% m/m gain would put the yoy growth rate at 2.2%, an uptick from the July reading,...

Ocean's 13: The impact of TPP and TTIP

Sep 01, 2015 17:32 pm UTC| Commentary Economy

There are currently two large trade agreements under negotiation that could have a major economic impact on the global economy as they involve a dozen Pacific countries, including the US, and the EU, and would intensify...

US ISM manufacturing set to decline further

Sep 01, 2015 16:43 pm UTC| Commentary Economy

The US manufacturing ISM index was outright weak with the headline falling to 51.1, from 52.7, so much weaker than expected. New orders plunged to 51.7, from 56.5. Employment was lower as well and the customer inventories...