Japan’s Q1 GDP revised up more than expected
Jun 09, 2015 05:43 am UTC| Commentary
Japans Q1 GDP (second preliminary release) was revised up sharply to 1.0% qoq, or 3.9% qoq annualised (was 0.6% qoq or 2.4% qoq annualised in the first preliminary).The upward revision was mainly due to much stronger...
UK trade deficit roughly stable
Jun 09, 2015 05:14 am UTC| Commentary
The broad trends in the UKs balance of trade continue. The surplus on trade in services continues to rise whereas the deficit on trade in goods continues to widen, more than outweighing the surplus on services. There has...
Czech Republic's inflation expected to remain high
Jun 09, 2015 05:02 am UTC| Commentary
Czech Republics consumer prices are expected to increase 0.1% in May mainly due to higher fuel prices. Moreover, there should be a pickup recorded in core and regulated prices, respectively. On a year-on-year basis,...
Swiss inflation expected to decline further to -1.2% yoy in April
Jun 09, 2015 04:56 am UTC| Commentary
In May, the Swiss headline inflation rate is likely to decline further to -1.2% yoy, with energy prices weighing heavily on the yoy comparison despite continuing to rise on a mom comparison. While base effects resulting...
BoK likely to cut the policy rate further to 1.50% from 1.75%
Jun 09, 2015 04:45 am UTC| Commentary
The Bank of Korea (BoK) will to hold its Monetary Policy Committee (MPC) meeting on 11 June. Standard Chartered expects, BOK may cut the policy rate further to 1.50% from 1.75%. Analysts believe, the recent deterioration...
UK industrial production likely flat in April
Jun 09, 2015 04:36 am UTC| Commentary
UK industrial production (IP) is expected to have been flat in April on a monthly basis, and up 0.5% y/y. IP was sharply higher in March, up 0.5% m/m, its highest level since 2011. However, it remains about 10% below the...
Turkey's Q1 GDP will most likely reveal further weakness
Jun 09, 2015 04:27 am UTC| Commentary
Turkey will release Q1 GDP on 10 June. According to Standard Chartered, y/y growth is expected to slow further to 1.4%, from 2.6% the previous quarter. Turkey grew at 2.9% y/y in 2014, a significant slowdown from the 4.2%...
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