Small seasonal drop likely in Taiwan's September IP
Oct 22, 2015 07:24 am UTC| Commentary
Taiwans industrial production (IP) growth weakened for the fourth consecutive month to -5.5% yoy in August, the lowest reading in 30 months. Weakness mainly came from industrial supplies and machinery.The sharp slowdown in...
A sizeable pick up likely in Korea's domestic demand
Oct 22, 2015 07:21 am UTC| Commentary
The Bank of Korea (BoK) Governor Lee disclosed a flash estimate of 1.1% qoq for Q3 2015 GDP growth at the recent IMF conference in Lima, which was echoed by President Park.Finance Minister Choi too has emphasized a recent...
Poland Zloty underperforms as PiS asks CB to promote growth
Oct 22, 2015 07:15 am UTC| Commentary
The Poland zloty has been noticeably underperforming CE3 peers in recent weeks ahead of the coming weekends general election; the decline of the PLN-HUF cross, for example, has accelerated since late-September. This is not...
UK retail sales to rise by 0.4%
Oct 22, 2015 07:12 am UTC| Commentary
Both UKs CBI and BRC retail surveys have indicated a strong retail performance in September. This is credible for two main reasons. First, the fundamentals remain strong; real income growth is high and consumer confidence...
No change likely from ECB , but QE for a long haul
Oct 22, 2015 07:10 am UTC| Commentary
The recent string of shocks (China, equity market corrections, VW) has brought sizeable downside risks to confidence and the growth outlook. In the recent data, the German August industrial data are probably the most...
Positive effect of lower inflation on ZAR only limited
Oct 22, 2015 07:08 am UTC| Commentary
For the second consecutive month consumer prices in South Africa have not risen mom. And the development is not due to seasonal effects either. Normally prices do not rise unusually notably or very little in September.The...
Oct 22, 2015 07:05 am UTC| Commentary
The Swedish Krone has very much been taking its lead from domestic data. Headline inflation for September was firmer than August, at 0.1%, leading to an upward move in rates. However, uncertainty regarding the path of ECB...