Taiwan’s GDP growth probably turned negative in Q3
Oct 27, 2015 05:50 am UTC| Commentary
Taiwans GDP growth declined sharply to 0.5% yoy in Q2 from 3.8% yoy in Q1, mainly driven down by net exports. Real exports and imports continued to decelerate in Q3. However, due to a sharper fall in imports than...
Mexico's trade deficit continues to rise
Oct 27, 2015 05:41 am UTC| Commentary
The trade balance of Mexico year-to-date through August has worsened to -USD9.1b from -USD2.5b during the same period last year. The worsening trade balance primarily has to do with the fall in dollar exports growth while...
NZD/USD likely to reach 0.62 in coming months
Oct 27, 2015 05:40 am UTC| Commentary
The stall in dairy prices last week only slightly damaged the NZD and it has managed to remain inside a 0.6700-0.6900 consolidation range. The RBNZ may give the NZD a slight lift this week within that range. Over the next...
Fed policy-expectations driven rally in USD unlikely
Oct 27, 2015 05:35 am UTC| Commentary Central Banks
Fed is unlikely to tip its hand too strongly for or against a December rate increase leaving the immediate FX impact limited. However, external risks to US growth have incrementally reduced with the ECBs strong signal of...
S.Korea shows smaller trade surplus in September
Oct 27, 2015 05:33 am UTC| Commentary
South Koreas interim data released on 20th October points to weak exports and strong imports, which is reflected in our forecasts. The countrys exports are expected to decline from $43.5bn in September to $43.0bn in...
S.Korea's IP likely rebounded in September
Oct 27, 2015 05:25 am UTC| Commentary
South Koreas industrial production is expected to have rebounded rather significantly in September, mainly on the strength of non-electronics sectors such as auto. The pickup in electronics exports in the September trade...
October FOMC meeting to be a game changer?
Oct 27, 2015 05:23 am UTC| Commentary Central Banks
Next weeks FOMC meeting will be a game changer for front-end rates. Instead, the debt ceiling showdown in DC and the global risk sentiment after a dovish ECB and PBoC will likely take center stage. While it is far from...
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