Temporary fall in Taiwan GDP growth
Jun 22, 2015 12:06 pm UTC| Commentary
CPI inflation remained negative at -0.7% yoy in May, largely unchanged from -0.8% yoy in April. Core inflation also weakened further to 0.6% yoy in May from 0.7% yoy in April. However, both measures are poised to bottom...
Finnish finance minister pours water on Euro –optimism ahead of summit
Jun 22, 2015 12:03 pm UTC| Commentary
Finland has remained harsh critique of providing further money to Euro with some in the Finnish parliament favors Greece exiting Euro. Today, while market remains quite optimistic that Greek resolution would arrive in...
Korea likely focus more on macro-prudential measures
Jun 22, 2015 11:52 am UTC| Commentary
The front end of the Korea rates curve appears to be prematurely pricing in a BoK policy rate hike. This is likely due to the central banks slightly hawkish tone in the June statement on greater attention to financial...
Taiwan Industrial production growth falling to zero
Jun 22, 2015 11:39 am UTC| Commentary
Lending growth slowed for the third consecutive month to 3.1% yoy, the lowest in 16 months. The weak credit demand despite abundant interbank liquidity suggests domestic investments continued to decelerate.Against the...
Asian central banks on hold amid poor manufacturing growth
Jun 22, 2015 11:35 am UTC| Commentary
Attention in Asia will focus on central bank meetings and manufacturing/industrial production data."On Thursday, the BSP in the Philippines and CBC in Taiwan are scheduled to deliver decisions that will likely leave policy...

Australia's House price boom probably faded in Q1, but may pick up steam again
Jun 22, 2015 11:28 am UTC| Commentary
Fourth consecutive quarter the annual rate has slowed.First there is some seasonality in the data and Q1 tends to be the second-weakest quarter, hence the modest quarterly gain.Second, at 0.9%, the gain would be quite...

Japan's May unemployment rate likely rose, but employment situation to strengthen in 2015
Jun 22, 2015 11:17 am UTC| Commentary
While many companies are increasing hiring, the new positions are likely to be filled easily as many workers who had previously dropped out of the labour force are likely to return to work."The unemployment rate to rise to...