Russia's capital expenditure falling with no hope of relief
Sep 16, 2015 05:46 am UTC| Commentary
Although Russian corporate profits in specific export-oriented industries continue to gain from the ruble weakness, it does not provide enough stimulus for expansive investment as volatile commodity markets combine with...
Sep 16, 2015 05:44 am UTC| Commentary
While external situation remains unfavourable, Indonesia is fast losing the available window to cut rates and boost its weakening economy. Indonesias August CPI printed at 7.18% yoy, which was tad lower than that of July...
More QQE possible from BoJ in October
Sep 16, 2015 05:39 am UTC| Commentary
It is increasingly probable that the Japan government will declare a complete exit from deflation by the time the upper house election is held next summer. PM Abes ruling coalition will likely target voters by pointing to...
No change likely at BoJ's September meeting
Sep 16, 2015 05:38 am UTC| Commentary
Despite the BoJs commitment to the 2% price stability target, inflationary pressure has stalled due to the decline in oil prices and sluggish demand after the consumption tax (CT) hike."The CPI is likely to temporarily...
Japan will take some time reaching trade balance on a sustainable basis
Sep 16, 2015 05:28 am UTC| Commentary
Japans August exports are expected to have grown by 5.2% yoy (+7.6% yoy in July), while imports likely shrunk by 3.2% yoy during the same month (unchanged from July). As the US economic recovery remains modest and there is...
UK sales probably hurt by bad weather
Sep 16, 2015 05:24 am UTC| Commentary
The underlying trend of consumer demand is strong, supported by a high level of consumer confidence and rapid growth in real disposable income. However, retail sales are highly volatile on a month to month basis. In...
UK earnings growth rising, unemployment rate steady at 5.6%
Sep 16, 2015 05:21 am UTC| Commentary
UK labour market is at a crucial juncture. Earnings growth seems to be picking up, as one would expect as the output gap closes, but employment growth has started to falter. Rising earnings growth is seen as a lagged...