Germany industrial production likely rose in February
Apr 08, 2015 06:10 am UTC| Commentary
German industrial production has been weak since the beginning of summer 2014, reflecting mostlyadverse geopolitical events, but has recently shown signs of improvement.The manufacturing PMI (manufacturing is the largest...
BoE likely to keep bank rate unchanged
Apr 08, 2015 05:59 am UTC| Commentary
U.K. headline CPI inflation eased to a historically low 0.0% y/y in March. Core CPI slowed to 1.2% y/y, a five-year low. The large divergence between core and headline CPI reflects pressures from lower energy and food...
Daily Economic Outlook: 08 April, 2015
Apr 08, 2015 05:39 am UTC| Commentary
Todays publication of the March FOMC meeting minutes (1800 GMT) provides the next US focus. At the March meeting, the Committee showed that it was gradually moving closer to delivering a hike in US interest rates by...
No deflationary risk in Taiwan, services CPI to rebound in coming months
Apr 08, 2015 05:31 am UTC| Commentary
Taiwans Inflation came in -0.6% y/y in March (Feb: -0.2%; Jan: -0.9%), broadly in line with consensus expectations (-0.7%). On a seasonally adjusted m/m basis, inflation rose 0.55%, the first meaningful rebound in five...
Philippines export growth to recover further in March
Apr 08, 2015 05:02 am UTC| Commentary
Philippines exports recovered in February, but by much less than expected given the previous sharp falls (February: +4.6% m/m sa; January: -13.7%; December: -10.8%). A more substantial normalisation was expected following...
US rig counts are yet to stabilise at lower levels
Apr 08, 2015 02:20 am UTC| Commentary
Rig counts in shale oil areas other than the Permian are no longer high enough to compensate for the declines of existing output. The tendency to leave wells uncompleted is amplifying that process and is resulting in a...
US inventory movements key short-term price driver
Apr 08, 2015 02:09 am UTC| Commentary
Oil price movements have remained highly volatile; however, it is believed that the stage is now being set for a more sustained drift up in prices in Q2 and Q3. Short-term market sentiment remains focused on the US market...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects