US Q2 GDP tracking 2.9% after June factory orders

Aug 05, 2015 03:21 am UTC| Commentary

US factory orders rose 1.8% m/m in June. Orders for durable goods in June, initially estimated in last weeks report, were unrevised at the headline level at 3.4% m/m.Nondefense aircraft orders continue to show a 66.1% m/m...

Fed Atlanta President Lockhart signals September hike

Aug 05, 2015 03:19 am UTC| Commentary

When Federal Reserve Bank of Atlanta President Lockhart comes out and says September could be an appropriate time to lift rates, markets pay attention. He is a voter on the central/dovish side of the Fed spectrum and he...

Taiwan's renewed pressure on oil pushes inflation lower

Aug 05, 2015 02:41 am UTC| Commentary

Taiwans inflation edged further into the negative territory at -0.66% y/y in July (Jun: -0.56%; May: -0.74%), broadly in line with consensus. Overall, the path of inflation mainly reflected the renewed downward pressure on...

Philippines July CPI: Inflation remains at multi year lows

Aug 05, 2015 01:57 am UTC| Commentary

July inflation remains close to multi-year lows. Inflation is at its lowest level since the 1987, and despite poor weather conditions, overall price pressures remain muted. The drop in commodity prices, particularly crude...

Japan: CPI base revision will not alter the inflation trend, BoJ’s 2% target remains intact

Aug 05, 2015 01:42 am UTC| Commentary

Japans CPI calculation will be revised next year due to a periodical rebasing which is conducted every five years. In the next revision, we may see increased weighting and upward pressure on prices in areas such as...

Dutch home sales and prices continue to rise

Aug 05, 2015 00:58 am UTC| Commentary

Since June 2013 the number of sales of existing homes has been growing fast and steadily, with only one big interruption in the first quarter. As a result, house prices have also been growing in the past year and a half,...

Dutch GDP growth held back by lower gas production

Aug 05, 2015 00:53 am UTC| Commentary

Dutch GDP growth in the second quarter of 2015 seems to have been very negatively impacted by lower gas extraction. The government decision in February to reduce the maximum allowed gas production from the Groningen field...