NFIB U.S. small business optimism remains strong in September

Oct 14, 2015 03:29 am UTC| Commentary

The National Federation of Independent Business (NFIB) index of U.S. small business optimism edged up to 96.1 in September (previous: 95.9). The details of the September survey show no meaningful shift in business...

Asia stocks dive as china crushes sentiment

Oct 14, 2015 02:42 am UTC| Commentary

Asian markets had a poor start to the trading day on Wednesday, with a weak lead from Wall Street, lackluster Chinese data, and a stronger Japanese yen dampening investor sentiment in the region. Furthermore, new...

RBI turns net seller of dollars after a year

Oct 14, 2015 02:26 am UTC| Commentary Central Banks

The Reserve Bank of India stepped in to support the rupee back in August, when the domestic unit along with regional counterparts depreciated in wake of CNY devaluation. The central bank sold USD 1.6bn in August, turning a...

Things are looking somewhat brighter for Thailand economy

Oct 14, 2015 02:12 am UTC| Commentary

Things are beginning to look somewhat brighter for the Thailand economy. Manufacturing production has rebounded since hitting a 4-year low in Jun15, lifting capacity utilization alongside with it. Given that manufacturing...

Singapore economy has narrowly averted a technical recession

Oct 14, 2015 02:02 am UTC| Commentary

The Singapore economy has narrowly averted a technical recession. Advance GDP estimates for 3Q15 show that growth was literally flat at 0.1% (QoQ saar), which translates into a modest year-on-year expansion of 1.4% (see...

Westpac-Melbourne Institute Index of Consumer Sentiment increased by 4.2% in October

Oct 14, 2015 00:51 am UTC| Commentary

The Westpac-Melbourne Institute Index of Consumer Sentiment increased by 4.2% in October from 93.9 in September to 97.8 in October. This result is a little short of the increase we would had expected given the strong boost...

Spanish HICP inflation to remain in negative territory until the end of the summer

Oct 13, 2015 23:59 pm UTC| Commentary

Spanish HICP inflation fell further from -0.5% yoy to -1.2% yoy in September, much lower than the market expectations (-0.7% yoy). As the INE does not give any details, we will have to wait for the final release to look at...