BoJ's upbeat outlook and risks
Aug 05, 2015 03:33 am UTC| Commentary
Japan will report a 1-2% annualized contraction in real GDP for Apr-Jun, though it looks as if preliminary data, due out 17 August, to some extent, this was already factored into the BoJs growth outlook announced last...
Aug 05, 2015 03:29 am UTC| Commentary
The Bank of Japan (BoJ) will hold its next monetary policy meeting on 6-7 August.BoJ is likely to maintain its current monetary easing framework. It remains data-dependent and maintains easing bias, keeping JGB yields low...
US Q2 GDP tracking 2.9% after June factory orders
Aug 05, 2015 03:21 am UTC| Commentary
US factory orders rose 1.8% m/m in June. Orders for durable goods in June, initially estimated in last weeks report, were unrevised at the headline level at 3.4% m/m.Nondefense aircraft orders continue to show a 66.1% m/m...
Fed Atlanta President Lockhart signals September hike
Aug 05, 2015 03:19 am UTC| Commentary
When Federal Reserve Bank of Atlanta President Lockhart comes out and says September could be an appropriate time to lift rates, markets pay attention. He is a voter on the central/dovish side of the Fed spectrum and he...
Taiwan's renewed pressure on oil pushes inflation lower
Aug 05, 2015 02:41 am UTC| Commentary
Taiwans inflation edged further into the negative territory at -0.66% y/y in July (Jun: -0.56%; May: -0.74%), broadly in line with consensus. Overall, the path of inflation mainly reflected the renewed downward pressure on...
Philippines July CPI: Inflation remains at multi year lows
Aug 05, 2015 01:57 am UTC| Commentary
July inflation remains close to multi-year lows. Inflation is at its lowest level since the 1987, and despite poor weather conditions, overall price pressures remain muted. The drop in commodity prices, particularly crude...
Japan: CPI base revision will not alter the inflation trend, BoJ’s 2% target remains intact
Aug 05, 2015 01:42 am UTC| Commentary
Japans CPI calculation will be revised next year due to a periodical rebasing which is conducted every five years. In the next revision, we may see increased weighting and upward pressure on prices in areas such as...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects