China official PMI likely to tick down in July

Jul 31, 2015 05:53 am UTC| Commentary

Both Chinese production and new orders headed south. Prices and inventory measures deteriorated. The Caixin China flash manufacturing PMI unexpectedly dropped from 49.4 in June to 48.2 in July, the lowest reading in 15...

South Korean exports likely weakened again in July

Jul 31, 2015 05:48 am UTC| Commentary

Though a part of the anticipated South Korean exports weakness can be ascribed to seasonal factors, July trade data would be negative for the Q3 GDP growth outlook if materialized."South Korean exports are likely to have...

US civilian worker compensation growth likely continued a pace during the spring

Jul 31, 2015 05:42 am UTC| Commentary

The Employment Cost Index (ECI) for all civilian workers, the Bureau of Labor Statistics broadest measure of worker compensation, likely climbed by 0.7% over the three months ended June, matching the advance recorded...

Chile's unemployment rate likely increased to 6.7% in June

Jul 31, 2015 05:36 am UTC| Commentary

The continued weakness in trade data shows that both the Chiles domestic economy and the external demand environment have yet to show any sign of revival.Despite the fact that significant fiscal spending is underway, the...

Ruble volatility is less of a factor, but Fed will be followed closely

Jul 31, 2015 05:28 am UTC| Commentary

Russian importers and producers find that they are still comfortable with the current exchange rate levels. As CBRs survey shows, population downgraded expectations for the ruble for a one-yearahead period as portion of...

Investment growth likely to drive Taiwan's GDP

Jul 31, 2015 04:57 am UTC| Commentary

Taiwans real export growth dropped sharply to -1.3% yoy in Q2 from 5.9% yoy in Q1 while real imports slowed slightly from 2.5% yoy to 1.9% yoy. As a result, net exports shaved 4.9pp off GDP growth in Q2, the main culprit...

Aussie supported around $0.7300 level after PPI data release

Jul 31, 2015 04:54 am UTC| Commentary

The Australian dollar struggled near six-year lows on Friday as falling commodity prices, jitters about China and rising speculation of a U.S. interest rate hike set the stage for the largest monthly fall since October...