There’s no reason not to expect the 200k growth in US nonfarm payrolls that consensus does tomorrow

Jan 07, 2016 03:03 am UTC| Commentary

Theres no reason not to expect the 200k growth in nonfarm payrolls (private and total) that consensus does tomorrow. Wed look for 210k but only because thats been the average since Jan 2011 and, considering that a typical...

Emerging Market Crisis Series

Slowdown in India’s nominal GDP has caused a stir

Jan 07, 2016 02:59 am UTC| Commentary

Indias Real GDP growth in the first half of FY15/16 (i.e Apr-Sep15) averaged 7.2%, marginally slower than 7.6% in 1H year before. Comparatively nominal growth was down more sharply to 7.4% from 13.5% 1H last year. In the...

Malaysia's trade numbers for November will remain strong but mainly due to valuation effects

Jan 07, 2016 02:59 am UTC| Commentary

Malaysias trade numbers for November will remain strong but mainly due to valuation effect. Headline export growth is expected to post a 16.8% YoY surge. This will be a tad stronger than the previous months figure of...

Australia’s trade deficit narrowed to $2.9bn in November

Jan 07, 2016 01:56 am UTC| Commentary Economy

Australias trade deficit came in at $2.9bn for November, a $341mn improvement on a $3.2bn deficit for October (mkt median -$3.0bn). Imports edged 0.6% lower, down $182mn, as anticipated. Export earnings surprised,...

Fed Hike Aftermath Series

FOMC minutes: Not all members are as confident as Yellen despite the unanimous hike

Jan 06, 2016 23:19 pm UTC| Commentary Central Banks

The minutes of the 15-16 December FOMC meeting, where the Fed delivered its first hike since June 2006, were more dovish than the statement and Janet Yellens tone at the press conference. The minutes reveal that, although...

Economic data takes backseat to geopolitical risks

Jan 06, 2016 18:18 pm UTC| Commentary

The first week of 2016 remains busy as ever as a flurry of data and significant information is set to be released. The ADP report released today, ahead of Fridays Labor Department jobs report, showed U.S. companies adding...

US trade deficit narrows as imports slump

Jan 06, 2016 18:10 pm UTC| Commentary Economy

Although the trade deficit narrowed to an eight-month low of $42.3bn in November, from $44.6bn, the decline was due to decline in imports at a faster pace than exports, which is hardly a positive sign. Exports fell by...