
China to upgrade industrial policy
Oct 20, 2015 07:31 am UTC| Commentary
The 13FYP of China may include a slew of policies to upgrade the manufacturing sector. In May 2015, the State Council unveiled a national plan, Made in China 2025, which aims to move the manufacturing up the value chain...
Release of iPhone 6 likely boosted Taiwan's export orders
Oct 20, 2015 07:30 am UTC| Commentary
Taiwans export orders declined 8.3% yoy in August, the sharpest fall in 30 months. Orders from the US decelerated from 9% yoy to -0.3% yoy, dragging the headline down by nearly three percentage points (pp). Also, a...
October ECB bank lending survey, credit standards to ease
Oct 20, 2015 07:27 am UTC| Commentary Central Banks
Euro area banks reported low investment decisions in H1 15, in Q2, the fixed investment contribution on firms demand for credit represented 11pp, whereas the contribution from inventories stands at 10 and the contribution...
China's SOE reforms to increase efficiency and competitiveness
Oct 20, 2015 07:24 am UTC| Commentary
A long-awaited SOE reform blueprint was announced by China government in September 2015. While it was a disappointment to most observers on its release, no changes qare expected to happen gradually, especially as the...
US' new residential construction activity likely quickened in September
Oct 20, 2015 07:22 am UTC| Commentary
Buoyed by unusually warm and arid conditions across the continental US during the reference period, the number of new housing units started likely climbed to a three-month high seasonally adjusted annual rate of 1.165...
Is ECB's QE an expansionary measure?
Oct 20, 2015 07:16 am UTC| Commentary
There is no doubt that there will be one thing one can expect from the ECB rate meeting and above all the following press conference on Thursday, and that is thatAfter ECB rate meeting, the Bank is expected confirm its...
CNY is no longer “significantly undervalued”
Oct 20, 2015 07:12 am UTC| Commentary
The U.S. Treasury dropped its view that Chinas currency is "significantly undervalued" while saying that the forces driving appreciation in the longer term remain and China needs to allow such strengthening eventually.The...