Russia's capital expenditure falling with no hope of relief

Sep 17, 2015 05:46 am UTC| Commentary

Although Russian corporate profits in specific export-oriented industries continue to gain from the ruble weakness, it does not provide enough stimulus for expansive investment as volatile commodity markets combine with...

BI rate to remain unchanged

Sep 17, 2015 05:28 am UTC| Commentary

While external situation remains unfavourable, Indonesia is fast losing the available window to cut rates and boost its weakening economy. Indonesias August CPI printed at 7.18% yoy, which was tad lower than that of July...

Japan will take some time reaching trade balance on a sustainable basis

Sep 17, 2015 05:17 am UTC| Commentary

Japans August exports are expected to have grown by 5.2% yoy (+7.6% yoy in July), while imports likely shrunk by 3.2% yoy during the same month (unchanged from July). As the US economic recovery remains modest and there is...

UK sales probably hurt by bad weather

Sep 17, 2015 05:16 am UTC| Commentary

The underlying trend of consumer demand is strong, supported by a high level of consumer confidence and rapid growth in real disposable income. However, retail sales are highly volatile on a month to month basis. In...

US residential construction activity likely to rise

Sep 17, 2015 04:25 am UTC| Commentary

Consistent with the snapback in US construction hours worked, the number of new housing units started probably climbed by 2.0% to a seasonally adjusted annual rate of 1.23 million in August, the strongest activity since...

Intra-Asia trade collapse takes toll on August NODX

Sep 17, 2015 04:17 am UTC| Commentary

Non-oil domestic exports contracted 8.4% y/y in August, weaker than expectations. On a m/m sa basis, exports fell 4.6%, erasing the 2.5% gain in July. The softness was driven by a sharp, 29% y/y contraction in...

Japan trade deficit widens in August on weak exports

Sep 17, 2015 03:30 am UTC| Commentary

Japans trade deficit hit an eight-month high in August, despite continuous declines in imports, as exports growth was the weakest since May. The trade gap expanded from 268.1 billion in July to 569.7 billion last month,...