Euro area recovery is taking a breather as boost from oil fades
May 22, 2015 14:30 pm UTC| Commentary
News on the euro area economy continued to be mixed this week as euro composite PMI, German ZEW and euro consumer confidence all fell a bit short of expectations. The euro surprise index has thus moved lower still. Earlier...
Vietnam's May data likely showed steady growth
May 22, 2015 11:22 am UTC| Commentary
Vietnam is scheduled to release key May data over 24-31 May. CPI inflation data on 24 May will likely show that inflation remained muted and steady at 1.0% y/y, versus 0.99% in April. The decline in global oil prices has...
Slower China demand may have weighed on Thai exports
May 22, 2015 11:16 am UTC| Commentary
Thailand will release custom-based trade data for April during 25-27 May. Analysts believe that slow China demand and a decline in global agricultural prices continued to weigh on exports. Standard Chartered expects...
Taiwan's April monitoring indicators index likely remained in ‘yellow-blue’ zone
May 22, 2015 11:11 am UTC| Commentary
Taiwan is scheduled to release April monitoring indicators index on 27 May. The April monitoring indicators index likely remained in the yellow-blue zone, signifying a slowing growth outlook for the second consecutive...
Taiwan IP growth likely to slower in April on weak export sales
May 22, 2015 11:07 am UTC| Commentary
Taiwan is scheduled to release April industrial production (IP) data on 25 May. April IP growth likely slowed to 1.2% y/y from 6.49% in March - marking the softest y/y gain since early 2014 on weak external demand.Total...
South Korea April IP likely to have improved
May 22, 2015 11:01 am UTC| Commentary
South Korea is scheduled to release April industrial production (IP) data on 29 May. IP expected to have grown by 0.6% y/y, from -0.1% in March following improved business sentiment in manufacturing. The Business Sentiment...
Singapore's manufacturing sector likely remained lacklustre in April
May 22, 2015 10:56 am UTC| Commentary
The Economic Development Board will announce April industrial production numbers on 26 May. Analysts think manufacturing activity remained sluggish and likely declined by 1.8% y/y - the third straight month of y/y...