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...

Expecting weak exports, strong imports and smaller trade surplus in South Korea

Oct 27, 2015 23:08 pm UTC| Commentary

The interim data to 20 October point to weak exports and strong imports, which is reflected in the forecasts. Exports are expected to decline from $43.5bn in September to $43.0bn in October, which would be rather...

Copom minutes to show BCB’s assessment of medium term inflation risk

Oct 27, 2015 22:34 pm UTC| Commentary Central Banks

The BCBs decision to leave rate unchanged was widely expected. The bank added a sentence to its short statement (The Copom emphasizes that monetary policy will remain vigilant to achieve this goal) that may arguably be...