Recent drop in US pending home sales likely to be temporary

Dec 31, 2015 05:04 am UTC| Commentary Real Estate Economy

US pending home sales declined 0.9% mom in November, way lower than the market consensus anticipations of firm monthly rise. The upward revisions to last months data boosted the yoy rise to 5.1% over consensus...

Currency War Series

Softness in Korean trade and production likely to keep BoK’s monetary stance accommodative in 2016

Dec 30, 2015 03:32 am UTC| Commentary Central Banks Economy

Korean industrial output dropped unexpectedly 0.3% year on year in November, much weaker than what market consensus has expected. On a seasonally adjusted mom basis, the industrial production declined 2.1%. This...

Singapore growth likely to remain subdued into 2016

Dec 28, 2015 04:32 am UTC| Commentary Economy

Singapore November industrial production release confirms that the headwinds of continuing weak external demand and a slow inventory adjustment are likely to keep the growth momentum subdued in 2016. The external growth...

China's FDI to hit $135 billion in 2015 - China Commerce ministry

Dec 28, 2015 00:08 am UTC| Commentary Economy

FDI is expected to reach $135 billion this year, up almost 13 percent year-on-year, while ODI is forecast to hit $128 billion, up 24 percent year-on-year in China, according to minister of commerce on Sunday. Gao...

US economy: Plenty to be cheerful about in 2016

Dec 25, 2015 00:35 am UTC| Commentary Economy

As we get ready to bid goodbye to 2015, it is a perfect time to reflect on how the U.S. economy fared this year relative to the expectations, and on whats in store for 2016. Annual growth is expected to average closer to...

Sequential improvement continues in Taiwan's industrial production

Dec 24, 2015 08:46 am UTC| Commentary Economy

Taiwans industrial production dropped 4.94% yoy in November, which came in better than expectations. There was a minor downward revision in October to 6.3%.Headline number was weighed down by elevated inventory levels...

Mexico IGAE index: Services still driving economy

Dec 23, 2015 22:33 pm UTC| Commentary Economy

The Mexican economy expanded 0.2% m/m sa in October according to the IGAE index, higher than expected because of a good performance in services (0.4% m/m sa), offset partially by declines in secondary and primary...