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...
UK June price data to be effected by BoE's new pessimistic growth outlook?
Jul 14, 2015 07:10 am UTC| Commentary
UK Inflation had recently gathered momentum again, which is masked by base effects in the year-on-year comparison. The UK Office for National Statistics also publishes the June data of the consumer price index today.But it...

Swedish price data - an impressive case of deflation
Jul 14, 2015 07:03 am UTC| Commentary
The overall Swedish price index continues to look bad. June price data, consumer prices are due today. It continues to range 0.4 percentage points below the level seen in spring 2012. An impressive case of...