US' Tentative 2-year budget deal's plans
Oct 28, 2015 05:39 am UTC| Commentary
The outlook for the U.S. economy has brightened somewhat and the day of Fed tightening has likely edged closer because of a potential U.S. budget deal.On Monday, congressional leaders and the Administration reached a...
Further monetary policy easing unlikely in months ahead in China
Oct 28, 2015 05:34 am UTC| Commentary
Chinas household inflation expectations moved sharply lower in the month, with a material increase in the proportion of respondents nominating that prices will fall over the year ahead."With an insecure workforce and...

China's manufacturing PMIs likely rebounded in October
Oct 28, 2015 05:33 am UTC| Commentary
Chinas manufacturing PMI for October to be released on 1st November. The official manufacturing PMI is expected to rise back above 50 in October, from 49.7 in September, said Societe Generale in a research note. This has...

UK's 2015 GDP likely to be 2.4%
Oct 28, 2015 05:32 am UTC| Commentary
UK governments planned significant fiscal consolidation is likely to trigger more cautious behaviour by households, while firms are set to face a period of heightened uncertainty in the run-up to the EU referendum, thus...
China's perceived buying conditions likely declined on a broad basis
Oct 28, 2015 05:28 am UTC| Commentary Economy
In China, more specific questions on specific spending plans showed large declines in plans for shopping (-7.9%) entertainment spending (-6.7%) dining out (-5.7% with a smaller 2.9% decline for western style fast food)....
UK growth eases on construction and manufacturing
Oct 28, 2015 05:27 am UTC| Commentary
The ONS preliminary estimate of UK Q3 GDP came in at 0.5% q/q (2.3% y/y), below consensus and BoE expectations. The output breakdown shows value added grew by 0.49%, driven by services, while industrial was broadly muted...
BoJ's next CT hike will be implemented in April 2017
Oct 28, 2015 05:20 am UTC| Commentary
Despite the BoJs commitment to the 2% price stability target, inflationary pressure in the economy has stalled due to the decline in oil prices and sluggish demand after the consumption tax (CT) hike. The CPI (ex fresh...