Consumption recovery gathering pace in Japan
Oct 28, 2015 02:21 am UTC| Commentary
Retail sales registered 0.7% (MoM sa) in Sep15, a notable rise compared to 0% in the previous month. On the QoQ basis, retail sales growth has reaccelerated to 7.3% (saar) in 3Q, sharply up from 0.8% in 2Q. While spending...
US durable goods orders put a big exclamation mark on the run of weak data seen of late
Oct 28, 2015 02:18 am UTC| Commentary
US durable goods orders put a big exclamation mark on the run of weak data seen of late. Headline, ex-transport and core (non-defense, ex-air) orders all fell for a second month in a row. Most discouraging was the two-tick...
Weak import growth is a concern in Thailand
Oct 28, 2015 02:13 am UTC| Commentary
Import growth came in extremely weak at -26.2% (YoY) in September, slowest since 2009. While it may just be a one-off and partly distorted by the unusually high import figure in Sep14, it is nevertheless worrying. Imports...
Singapore inflation forecasts for 2015 and 2016 lowered
Oct 28, 2015 01:59 am UTC| Commentary
Latest CPI inflation was last at -0.6% (YoY) in Sep15. In fact, the headline number has continued to surprise on the downside and has been stuck in the negative level for eleven consecutive months. Economic slowdown and a...
Japan's industrial production to confirm a weak trend
Oct 28, 2015 00:54 am UTC| Commentary
September industrial production is expected to fall by 0.5% mom, after a decline of 1.2% mom (-0.4% yoy) in August. Production has been volatile over the last six months (-0.8% mom in March, +1.2% mom in April, -2.1% mom...
FOMC Meeting: Preparing for December in October
Oct 28, 2015 00:05 am UTC| Commentary Central Banks
It is very unlikely that the FOMC will contemplate a hike at the upcoming gathering. More critically, officials will have to decide whether they still consider a December rate hike as likely and, if so, come up with a game...
UK retail sales growth to slide in October
Oct 27, 2015 23:32 pm UTC| Commentary
The September survey reported a massive boost in sales which was corroborated by the official data which saw sales surge by 5.9% yoy from 3.2%. It is believed that mom September sales were boosted by the Rugby World Cup...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects