Czech Republic's retail sales should erase March’s loss

Jun 05, 2015 06:39 am UTC| Commentary

Czech retail sales (excluding cars) should add 1.1% mom (SWDA) in April, confirming strong consumer demand. Although consumer confidence in April decreased to its low since November of last year, Continuous improvements is...

UK's inflation expectations to fall again

Jun 05, 2015 06:24 am UTC| Commentary

Since the last survey taken in the first half of February, UKs rate of inflation has fallen further from 0.3% yoy in January to -0.1% yoy in April, which should be reflected in expectations. The fall to 0% in February was...

Mexican consumer confidence likely to have recovered in May

Jun 05, 2015 06:17 am UTC| Commentary

The decline in Mexican consumer confidence in April was probably a result of a loss of growth momentum in Q1. However, with low inflation helping real wage growth and the growth outlook staying positive despite the Q1...

Soft external demand depressing Taiwan's foreign trade

Jun 05, 2015 06:02 am UTC| Commentary

Taiwans exports declined faster at -11.7% yoy in April after -8.9% yoy in March, while imports remained in deep contraction (-22.1% yoy after -17.8% yoy). The negative base effects of commodity prices were only part of the...

China's trade stuck in contraction

Jun 05, 2015 05:51 am UTC| Commentary

Chinas both exports and imports is expected to contract yoy again in May. For exports, the sharp contraction in March caused very negative carry-over effects for the data in the following months. In April, the mom rate was...

Malaysia posts weak exports, but stable trade surplus

Jun 05, 2015 05:37 am UTC| Commentary

Malaysias trade surplus was rangebound in April, at MYR6.9bn. Exports slumped at the margin, falling 8.8% y/y, worse than market was expecting. The decline comes amid ongoing pass-through of lower crude oil prices into LNG...

German industrial production may have edged up

Jun 05, 2015 05:05 am UTC| Commentary

German industrial production (IP), out on 8 June, is expected to have risen 0.1% m/m (up 0.6% y/y) in April (consensus expects 0.6% m/m, 0.9% y/y), after a decline of 0.5% m/m (+0.1% y/y) in March. Industrial production...