Asian markets rebounds as China opens with solid gains

Sep 07, 2015 02:53 am UTC| Commentary

Chinese equities set the tone for other Asian markets on Monday, with most bourses in the region pushing higher in morning trade once China opened for the first time in four days. Chinas extended break appeared to do the...

Fed wants to hike because the Fed wants to hike

Sep 07, 2015 01:44 am UTC| Commentary Central Banks

Private sector payrolls are back at 140k, core PCE inflation has dropped to 1.2% YoY, growth in the first two quarters of the year has averaged 2.1% (QoQ, saar), core capex expenditures havent grown one iota in 3.5 years....

More rate cuts in the pipeline for India

Sep 07, 2015 01:37 am UTC| Commentary

Odds of a rate cut in September rose after the sharply weaker Jul CPI inflation. Although base effects were expected to temper Juls print, there was also a significant pullback in the sequential pace. Since Augs policy...

Taiwan: Growth forecast lowered further; one rate cut becomes likely

Sep 07, 2015 01:29 am UTC| Commentary

The 2H15 growth outlook now looks weaker than expected. Export orders remained flat in Jul15 and manufacturing PMI dipped further below 50 in Aug15. Headwinds will remain in the near term, given Chinas economic slowdown,...

S.Korea: Trimming the growth and inflation forecasts

Sep 07, 2015 01:25 am UTC| Commentary

In order to reflect a weaker-than-expected recovery in 2H15, we have further cut the 2015 GDP growth estimate to 2.4% from 2.6%. The 2016 forecast is also lowered to 3.3% from 3.7%. Exports have continued to languish due...

Chinese reserves; Chinese trade; Fed leaks?

Sep 06, 2015 23:44 pm UTC| Commentary Central Banks

China returns from its WWII commemoration today - SHCOMPs performance is likely to set the tone for risk appetite. Two key bits of Chinese data are out this week: (1) reserves and (2) trade data, both for August. A few...

Bank of Canada expected to keep rates unchanged

Sep 06, 2015 23:30 pm UTC| Commentary Central Banks

Market attention will focus on the BoC meetingthis Wednesday. The effects of low oil prices are still being felt on the economy, which officially slid into recession in Q2. Despite decent behavior of consumption and a...