Australia's robust imports and weak export prices keep trade deficit elevated

Aug 31, 2015 06:09 am UTC| Commentary Economy

According to the official advanced estimate, imports were practically unchanged in July from June (0.2% mom), meaning that they remained at a high level, and were up by around 4.5% yoy. That said, all of this gain, and...

Flash August Italian HICP consumer prices to remain stable at 0.3% yoy

Aug 31, 2015 06:06 am UTC| Commentary

Italian HICP inflation in July ticked up from 0.2% yoy in June to 0.3% yoy in July. The energy component improved from -5.8% yoy in June to -5.4% yoy in July led by higher electricity prices (-3.3% yoy to -1.0% yoy) while...

Australia's economic slowdown as net exports take a breather

Aug 31, 2015 06:02 am UTC| Commentary

Most components of demand are expected to have grown more strongly or at a similar pace to the first quarter, but overall GDP growth in Australia is expected to have slowed substantially in Q2."The reason is that net...

Japans production likely to strengthen ahead

Aug 31, 2015 05:55 am UTC| Commentary

In Julys monthly economic report, the japan government revised down its overall assessment on production from "production is showing weakness in some areas but overall is improving " to "production remains flat". As...

Australia's trade data suggest Q2 net exports contribution close to zero

Aug 31, 2015 05:52 am UTC| Commentary

Monthly trade data, which are in nominal terms, painted a dismal picture of foreign trade in Q2, exports slumped by 5.5% qoq, while imports rose another 0.8% qoq, notwithstanding a 3.0% surge in Q1. Mechanically...

Japan's production growth likely declined in July

Aug 31, 2015 05:44 am UTC| Commentary

Japans industrial production for July is scheduled to released today. The industrial production for July is likely to show a decline of 0.6% mom, after firm growth in June (+1.1% mom), estimates Societe generale....

Regulatory pressure beginning to slow Australian housing investor credit

Aug 31, 2015 05:17 am UTC| Commentary Economy

Two key developments are expected to shape Australias monthly credit data for July. One is the beginning of a moderation in credit growth to housing investors as a result of regulatory pressure. Banks have raised...