China's State Council focuses on CNY stability

Jul 27, 2015 07:45 am UTC| Commentary

Chinas total foreign trade fell 6.9% y/y in H1 2015 caused the policy marker to revise the present trade policy. The State Council broughat a proposal in order to give more attention on stabilizing the currency movement...

Russian inflation to drop down in 2015 and continue in Q1 2016

Jul 27, 2015 07:42 am UTC| Commentary

Tariffs on Russian public services were revised upwards by 6.5-7.5%. This fell in line with the preliminary schedule of the tariff services, but brought annual inflation up to 15.7% yoy. It was not low enough to prevent...

Indexation of tariffs has made the CBR change its tune

Jul 27, 2015 07:35 am UTC| Commentary

Except for the materialisation of tariff indexation, nothing has changed in terms of Russias internal and external risks. The backdrop in the run-up to the 31 July CBR meeting is different from that observed before the...

China's new guidelines to boost flagging trade sector

Jul 27, 2015 07:29 am UTC| Commentary

Chinas total foreign trade fell 6.9% y/y in H1 2015 caused the policy marker to revise the present trade policy.Commerzbank notes the State Councils guidelines on ways to boost the flagging trade sector issued on last...

Taiwan's Q2 GDP growth to dip below 1% temporarily

Jul 27, 2015 07:28 am UTC| Commentary

Taiwans net exports are likely to have declined in Q2 and dragged growth down sharply by 3.5pp.Slowing visitor growth also points to a drop in service exports over the same period. Meanwhile, real merchandise imports...

South Korea's exports likely to have weakened in July

Jul 27, 2015 07:20 am UTC| Commentary

Though a part of the anticipated exports weakness can be ascribed to seasonal factors, the forecast for July trade data would be negative for the Q3 GDP growth outlook if materialized."South Korea exports are likely to...

Bank of Israel to leave monetary policy unchanged until late 2016

Jul 27, 2015 07:19 am UTC| Commentary

In the June meeting, all five MPC members of Bank of Israel voted to keep policy on hold and this month should prove no different. Governor Flug in the interim, expressing the opinion that Israels economy is improving and...