China imported significantly more soybeans in June
Jul 14, 2015 08:58 am UTC| Commentary
The China soybeans import is a 32% increase as compared with May and 26.6% up on the year-on-year figure. China imported over 8 million tons of soybeans in June. Not to mention the second-largest monthly import volume...
Indonesia's GDP growth continued to slow
Jul 14, 2015 08:52 am UTC| Commentary
In Q1 2015, Indonesias GDP growth continued to slow to only 4.7% yoy (down from 5% in Q1-2014), the slowest pace since the 2009 crisis. Household consumption remained relatively robust, but exports continued to contract...
Japan's CPI likely to drop slightly below 0%
Jul 14, 2015 07:48 am UTC| Commentary
The Q2 Tankan survey of Japan confirmed that the business sentiment for manufacturers and nonmanufacturers has improved and the capex plan has also been revised upward, indicating that corporate activity is revitalised. As...
Singapore's Q2 GDP weaker than expected
Jul 14, 2015 07:35 am UTC| Commentary
Singapore released advance Q2 GDP this morning, came in softer than expected at 1.7% y/y (consensus: 2.4%). Q1 was revised up to 2.8% from 2.6% previously implying H1 growth of around 2.2%, says Commerzbank.On a quarterly...
EUR-CZK moves closer to its 27.00 floor
Jul 14, 2015 07:24 am UTC| Commentary
The EM safe haven currencies (ILS, CZK) have been under appreciation pressure; EUR-CZK in particular is moving closer and closer to its 27.00 floor set by CNB and appears increasingly undeterred by verbal interventions by...
What is hindering Singapore's Q2 GDP growth?
Jul 14, 2015 07:17 am UTC| Commentary
The Singapores Q2 GDP showed a deeper contraction of -4.6% QoQ SAAR (+1.7% YoY) over previous quarter which is well below forecasts at 0.9%. The fall reversed a 4.2% gain inQ1. This Q2 contraction was mainly driven by a...
BoJ may revise inflation and real GDP projection for FY 16
Jul 14, 2015 07:11 am UTC| Commentary
Japans next semi-annual report to be published in October.Achieving target level infaltion rate of 2% is seemed to be difficult for the BoJ, therefore, Societe Generale expects the BoJ to increase the annual monetary base...
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