Greece's capital controls imminent without breakthrough
Jun 18, 2015 23:06 pm UTC| Commentary
Euro area heads of state have scheduled an emergency summit for 22 June in what could be the last-ditch attempt to strike a deal to avert a financial crisis for Greece. With the end-of-June IMF deadline fast approaching,...
US Q1 GDP likely to be less bad than originally reported
Jun 18, 2015 22:40 pm UTC| Commentary
By weeks end, US Q1 GDP (Wednesday) is likely to be less bad than originally reported, while the next days consumer spending figures will likely register a sizeable gain.Upward revisions to retail sales and, to a lesser...
Canadian CPI inflation may have found a floor
Jun 18, 2015 22:15 pm UTC| Commentary
Canada releases a raft of data (May CPI, April retail sales) on 19 June. US consumers have found renewed vigour lately after dismal spending activity earlier this year, and of interest will be whether their Canadian...
Thailand exports expected to have improved gradually
Jun 18, 2015 22:06 pm UTC| Commentary
Thailand will release May customs-based trade data from 24-26 June. A gradual improvement is expected in exports on firmer demand from the US and Cambodia, Lao PDR, Myanmar and Vietnam (CLMV).A weaker Thai baht (THB),...
Hong Kong's inflation was likely steady in May
Jun 18, 2015 21:48 pm UTC| Commentary
Hong Kong will release May CPI data on 22 June. Headline CPI inflation of 2.9% y/y is expected, marginally higher than 2.8% in April. The housing component likely continued to be supported by stubbornly high rental prices,...
Japan Flirting With Deflation Again
Jun 18, 2015 21:39 pm UTC| Commentary
The health of Chinas manufacturing sector and the renewed risk of falling prices in Japan will dominate Asian market attention.Japanese inflation could sink to its lowest reading since June 2013 and not far above where it...
Jun 18, 2015 20:45 pm UTC| Commentary
US CPI rose 0.4%, compared to 0.5% expected, although much of it was due to a rebound in fuel prices. The core measure rose 0.1%, slightly disappointing expectations of 0.2%, although the past few months trend in the...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects