Daily Economic Outlook- 09 March 2015

Mar 09, 2015 06:07 am UTC| Commentary

Excerpts from Lloyds Bank: In the absence of significant economic releases after the mornings German trade data for January, Eurogroup meetings could provide a meaningful market focus. Although likely to emerge after...

Tourism, lower oil prices likely to support Taiwan’s services employment in 2015

Mar 09, 2015 06:04 am UTC| Commentary

Inflation came in at -0.2% y/y in February (January: -0.9%; December: 0.6%), below the expectation and consensus (0.2%). Again, the softness was narrowly focused on cheaper fuel, but exacerbated by lower vegetable prices...

Dollar on the way up

Mar 09, 2015 06:03 am UTC| Commentary

The dollar made new highs and the Euro new multi-year lows after Fridays strong non-farm payroll gains. As of last Tuesday, CFTC data show speculative positions on the IMM remained very short of the Euro, and long of the...

Weak consumer confidence in China may signal deflationary pressure

Mar 09, 2015 00:38 am UTC| Commentary

Chinas February inflation data, due on 10 March, is likely to show continued deflationary pressures in the economy. According to Standard Chartered research: We expect CPI inflation to have inched up to 0.9% y/y from...

Canada's productivity edges down in Q4 after two quarters of growth: TD Economics

Mar 06, 2015 19:40 pm UTC| Commentary

Quotes from TD Economics:- Canadas labour productivity growth edged down 0.1% in the fourth quarter after increasing in Q3. Productivity was essentially flat because the 0.6% increase in output of the business sector was...

Tepid global demand amidst a rising dollar is clearly weighing on overall US exports: TD Economics

Mar 06, 2015 19:25 pm UTC| Commentary

Quotes from TD Economics:- Overall, the trade report came in largely as expected on the headline, with cheaper oil and rising production leading to an improvement in the balance. The sharp widening in the trade deficit in...

Reasons for the Fed to delay raising rates is getting thinner: Voya Financials

Mar 06, 2015 19:08 pm UTC| Commentary

Quotes from Voya Financials:- The pile of reasons for the Fed to delay raising rates is getting thinner. Todays nonfarm payrolls report showed that the economy added 295K jobs to the economy in February, the twelfth...