South Korea's industrial production likely to have declined for third consecutive month

Jun 29, 2015 05:26 am UTC| Commentary

South Koreas industrial production is likely to have contracted for the third consecutive month in May, exports and the manufacturing sector should continue to be weak in Q2.Exports in May suggested that manufacturing...

UK money and credit data to reiterate healthy activity trends

Jun 29, 2015 05:24 am UTC| Commentary

The current strength of UK consumer demand has been fuelled by rising real incomes but also by strong consumer credit growth. In contrast, whilst consumer confidence is at very high levels, it is striking that mortgage...

Australia's May retail sales growth likely to be stronger

Jun 29, 2015 05:13 am UTC| Commentary

Australias retail sales for May is scheduled to release on Friday.Despite stagnating in April, an expansion in May retail sales is expected - but merely in line with trend at 0.3% mom (identical to the average gain in 2014...

Flash June Spanish inflation at -0.2% yoy

Jun 29, 2015 05:12 am UTC| Commentary

The bulk of the rise in flash Spanish HICP inflation came from a rise in the prices paid for services, more specifically transport services, and prices paid for food, alcohol and tobacco. The energy- and goods component...

Flash June Italian HICP consumer prices to rise by one tick

Jun 29, 2015 05:05 am UTC| Commentary

Italian energy prices are expected to be the main driver behind higher consumer prices as the other metrics should remain broadly stable across the board.HICP inflation and prices paid for services in May rose due to a...

Australia's trade balance to bounce back from blow-out deficit

Jun 29, 2015 05:04 am UTC| Commentary

The drastic AUD2.7bn deterioration in Australias trade balance in April was driven by a slump in export values as well as a surge in imports. Both are expected to have reversed in May."On the import side we already have...

Australia's credit growth pickup after RBA rate cut

Jun 29, 2015 04:58 am UTC| Commentary

Australias private sector credit slowed markedly in monthly terms in April to the weakest in 18 months, but following the RBAs latest rate cut at the start of May a rebound is expected. It is not only that the 25bp...