Most US housing data have looked considerably better this year compared to 2013-14
Sep 29, 2015 02:22 am UTC| Commentary
Most US housing data have looked considerably better this year compared to 2013-14. New and existing home sales have jumped by 10% or so over 2H14 levels, housing starts have done the same and building permits continue to...
Besides rate move, policy guidance in focus in India
Sep 29, 2015 02:14 am UTC| Commentary
The Reserve Bank of India is widely expected to lower benchmark Repo rate by 25bps today. This will take the policy rate to 7% and the fixed corridor to take the reverse repo to 6%. Equal importance is likely to be given...
A technical recession may be on the cards in Singapore
Sep 29, 2015 02:07 am UTC| Commentary
A technical recession may be on the cards. Latest August industrial production figure is another addition to the long list of poor data over the past 2 months. The headline number shrunk by 7.0% YoY, down further from an...
Overall assessment on Japan's industrial production may be revised down further
Sep 29, 2015 00:53 am UTC| Commentary
August industrial production expect a growth of 0.6% mom, or 1.4% yoy, after a decline of 0.8% mom (0.0% yoy) in July. Production has been volatile over the last five months (-0.8% mom in March, +1.2% mom in April, -2.1%...
Another modest increase in UK mortgage approvals likely
Sep 29, 2015 00:27 am UTC| Commentary
The Money and Credit release should show broad money growth (M4 exIOFCs) proceeding at a healthy pace of close to 4% 3mth p.a, more than enough to support a reasonable pace of activity growth. Net consumer credit growth...
Flash September Italian HICP consumer prices set to remain stable at 0.4% yoy
Sep 28, 2015 23:47 pm UTC| Commentary
Italian HICP inflation is expected to remain unchanged at 0.4% yoy in September. As in other Euro area economies, gasoline prices continue to slide with the energy component set to remain weak, but food prices are expected...
Indecisive Portuguese elections to lead to lack of reform
Sep 28, 2015 23:38 pm UTC| Commentary
Unlike Greece or Spain, the Portuguese general elections due to take place on 4th October should most likely see an opposition from the two traditional parties, the Socialist Party and the ruling right-wing coalition....
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects