Poor performance of export slowdown Canada’s GDP growth

Jul 10, 2015 05:01 am UTC| Commentary

Domestically-driven activity Canadian economy is still quite resilient. The consumer spending and housing activity remaining relatively buoyant, but weakness in exports and business investment are seen. Since exports of...

Daily Economic Outlook: 10th July, 2015

Jul 10, 2015 04:28 am UTC| Commentary

With market attention largely dominated by developments in Greece, the focus remains firmly on Sundays EU leaders summit. The gathering will be used by the leaders to decide upon their response to Greeces proposals....

Philippines steeper drop in non-electronics

Jul 10, 2015 03:55 am UTC| Commentary

With Philippines inflation at a post-1994 low (June: 1.2%), the signals from BSP governor Tetangco have turned more dovish, hinting on 9 July that both monetary and fiscal space are available to support growth. Weak...

Time For Greece to take decision

Jul 10, 2015 03:46 am UTC| Commentary

Should Sundays EU Leaders Summit on Greece in Brussels reject the latest Greek proposals pending a vote in the Greek parliament tomorrow morning then there is the tangible risk of shifting to plan B which is for Greece to...

Is China’s Economy Still Slowing?

Jul 10, 2015 03:45 am UTC| Commentary

There is a concern if Chinas economy is bound to slow when Q2 GDP arrives on Tuesday evening eastern time. With the median estimate pegged at 6.8% and almost all estimates below the prior 7% reading for Q1, many think...

Three Bullets Left for Canada

Jul 10, 2015 03:44 am UTC| Commentary

There is the risk that a Canadas market reaction may be difficult to discern independent of Chair Yellens Congressional testimony at the same time. At present, markets are applying slightly better odds that the BoC will...

Greece and China to influence Fed meeting next week

Jul 10, 2015 03:43 am UTC| Commentary

Fed-speak, earnings, and macro data will shape domestic market influences in addition to high spillover risk from developments overseas. When Federal Reserve Chair Janet Yellen delivers her semi-annual Monetary Policy...