U.S. unemployment rate likely to fall below 4% mid of next year
Dec 09, 2015 04:49 am UTC| Commentary
The number of job openings in the United States reduced to 5.383 million in October from 5.526 million in September. Openings in professional and business services reduced by 137k on the month, likely wise, the figure...
Guide to today’s important data and events
Dec 09, 2015 04:26 am UTC| Commentary
Not many economic dockets scheduled for today, focus on RBNZ monetary policy. Data released so far Australia - Home loans declined by -0.5% in October. Investment lending for homes declined by -6.1%. China...

New Zealand Q3 current account preview
Dec 09, 2015 04:16 am UTC| Commentary Economy
There is a rise in New Zealands export prices and volumes in third quarter of 2015, which were counter balanced by rise in import bill as the NZD was weaker. Trade in services is likely to move ahead into surplus,...
Euro area 2015 GDP likely to come in at 1.5%
Dec 09, 2015 03:46 am UTC| Commentary Economy
Euro Area Q3 final estimate was unchanged from the flash reading at 0.3%qoq. The economic growth softened modestly from Q1 and Q2 2015. Expenditure breakdown was consistent with expectations indcating that final...
Dec 09, 2015 03:19 am UTC| Commentary
In New Zealand, while the primary sector activity seems soft, manufacturing and services are likely to show some strength. The wholesale and manufacturing surveys released this week recorded sizable gains. These two...

TWD rates decoupling from USD rates
Dec 09, 2015 03:03 am UTC| Commentary
TWD market rates have become increasingly decoupled from USD rates. Previously, spikes in USD rates nudged 2Y and 3Y TWD swap rates higher. However, the correlation broke down in recent weeks even as the market starts to...
Japan's GDP data: No real upside surprise
Dec 09, 2015 02:57 am UTC| Commentary
The economy has escaped a technical recession based on the revised GDP data. Two consecutive quarters of contraction have been avoided, after the 3Q15 GDP was revised up to 1.0% (QoQ saar) from -0.8% in the initial...