US nonfarm payroll growth likely to be 200k
Oct 01, 2015 04:39 am UTC| Commentary
The ADP employment report for September showed private payroll growth of 200k on the month, slightly above consensus expectations and broadly in line with recent trends. The ADP estimate of August employment growth was...
JPY depreciation required to exit deflation
Oct 01, 2015 04:29 am UTC| Commentary
Former BoJ Governor Masaru Hayami once quipped that "no one ever devalued to prosperity." But Japan choosen devaluation (technically depreciation) under Abenomics. Two popular views are that JPY depreciation was necessary...
Daily Economic Outlook: 1st October 2015
Oct 01, 2015 04:14 am UTC| Commentary
The UK manufacturing PMI and US ISM manufacturing surveys are the main data focus today, ahead of tomorrows US employment report. The trade-weighted sterling exchange rate has eased back in recent weeks, but it may provide...
ECB likely to expand asset purchases and add corporate bonds
Oct 01, 2015 03:41 am UTC| Commentary Central Banks
Euro area inflation returned to negative territory in September (-0.1% yoy). Following persistent weakness in energy prices, the headline inflation is expected to average 0.1% in 2015 and 1.0% in 2016 compared to our...
Korea's inventory overhang improves a little
Oct 01, 2015 03:34 am UTC| Commentary Economy
The persistent sluggishness in the trade performance and the large inventory overhang in autos and electronics increase the likelihood that Q3 GDP growth may undershoot the official expectations of at least 1% q/q...
Fuel prices push Euro Area headline into negative territory
Oct 01, 2015 03:30 am UTC| Commentary
Euro area inflation in September fell into negative territory for the first time since March 2015. In yoy terms, it fell into the red (-0.1%), with the energy component at -8.9% yoy. After slowing to 0.8% in 2014 from an...
Euro Area September inflation declines
Oct 01, 2015 02:22 am UTC| Commentary
Euro area September advance inflation fell -0.1% YoY, a first since Mar15 and from downwardly revised 0.1% YoY in Aug. Core inflation (ex food and fuel) rose 0.9%, steady from month before. Weak numbers from the core...
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