
Japan's real GDP to show strong growth in FY2015
May 28, 2015 00:37 am UTC| Commentary
Japan recorded solid Q1 2015 GDP growth of +0.6% qoq (or +2.4% qoq at an annualised rate), with inventory making a significant contribution (+0.5ppt) to real GDP growth over the period.According to the analysis, inventory...

US second Q1 GDP print may be a painful reminder of data weakness
May 27, 2015 23:11 pm UTC| Commentary
US data has mostly disappointed so far this year, with relatively broad-based weakness. Against widespread expectations of an acceleration early in the year, private consumption has remained lacklustre, despite the c.USD...
Japan core inflation likely remained 0%; IP may have edged up
May 27, 2015 22:52 pm UTC| Commentary
Japan will release key April economic data on 29 April, including core inflation, industrial production (IP), and job data.Core inflation is expected to have dropped to 0.0% y/y in April from 2.2% in March as the base...
FX – USD-LKR raised and lower USD-BDT forecasts
May 27, 2015 22:43 pm UTC| Commentary
Standard Chartered notes: We maintain our bearish view on the Sri Lankan rupee (LKR) but raise our USD-LKR forecasts given recent market moves. We see three key drivers of USD-LKR strength: (1) trade-balance...
Indonesia's inflation likely accelerated in May
May 27, 2015 21:51 pm UTC| Commentary
The National Statistics Agency (BPS) will announce May CPI data on Monday, 1 June. The headline inflation is estimated to accelerate 0.5% m/m (7.1% y/y) in May from 0.4% m/m (6.8% y/y) in April, while core inflation stayed...
BoC maintains status quo in line with expectations
May 27, 2015 21:22 pm UTC| Commentary
The Bank of Canada (BoC) maintained a very status quo neutral message, very much in line with expectations. The brief statement noted a couple of times that not much has changed since the April MPR, and in particular that...
Q1 capex report is the main event in Australia this week
May 27, 2015 20:52 pm UTC| Commentary
This mornings Q1 capex report is the main event in Australia this week. The economists expect the report should maintain the soft tone from Q4, including mining capex plans that could again be revised lower and a...