Emerging Market Crisis Series

South Korean economy better despite slowing China and MERS

Dec 03, 2015 09:03 am UTC| Commentary Economy Central Banks

GDP figure for third quarter, released by Bank of Korea (BOK) showed that economy didmuch better in the third quarter than originally anticipated. Korean economy faced heavy headwinds from slowdown in exports to China and...

Australia's real sales in line with long-term trend, low inflation weighs on retail turnover

Dec 03, 2015 08:49 am UTC| Commentary Economy

Australias retail sales are expected by market consensus to be 0.4% month on month on a seasonally adjusted basis, being unchanged from that of its previous month. Retail sales in October stood at 3.7 yoy. If there...

Emerging Market Crisis Series

Brazil's Indstrial Production continues its sharp deceleration

Dec 03, 2015 08:39 am UTC| Commentary Economy

Brazils IP dropped by 9.5% in third quarter. The industrial production for October month on month basis is expected by the market consensus to decline by -0.1%, while year on year basis is expected at -10.4%. Recent...

Japan's third quarter GDP might be better than expected

Dec 03, 2015 02:52 am UTC| Commentary Economy

The capital spending index out this week surprised on the upside. On the YoY basis, capital expenditures surged 11.2% in 3Q, far better than the -0.3% decline seen in private non-residential investment in the preliminary...

Chair Yellen distilled the key themes for the US economy and the interest rate outlook overnight

Dec 02, 2015 23:44 pm UTC| Commentary Economy Central Banks

Overnight, Chair Yellen began a two-day engagement in Washington with an address to its Economic Club (to be followed by testimony before the Joint Economic Committee tomorrow). Being the final major addresses made by...

ECB inflation hopes prove to be an illusion

Dec 02, 2015 17:47 pm UTC| Commentary Central Banks Economy

In the euro zone, the underlying price momentum based on the inflation rate without the volatile prices for energy, food, alcohol and tobacco dropped again to 0.9% in November. This makes the rise in core inflation rae to...

Spain's labour market continues to be strong in Q4 15

Dec 02, 2015 16:50 pm UTC| Commentary Economy

Spanish job market data surprised significantly to the upside in November. The number of registered unemployed dropped markedly by 27.1k over the month (consensus: -6.5k), the sharpest decline since the creation of the...