Technology products to dominate EU-ASEAN trade corridor
Jun 16, 2015 10:21 am UTC| Commentary
EU-ASEAN trade is fairly similar when looking at the broad goods categories. Manufactured goods make up around 60-70% of trade in both directions; chemicals (mostly pharmaceuticals) make up about 14% of EU exports to ASEAN...
Solid growth for EU-ASEAN trade corridor in next five years
Jun 16, 2015 10:18 am UTC| Commentary
The EU-ASEAN trade corridor will grow faster in the next five years, following subdued growth in the past three years. The Europe recovery is likely to continue near-term - GDP growth is expected at 1.5% for 2015 and 2.1%...
ASEAN exports to EU picked up again in 2014
Jun 16, 2015 10:08 am UTC| Commentary
Global trade growth was weak during 2014, mainly due to geopolitical tensions and deteriorating economic fundamentals. EU imports from ASEAN recovered after falling in 2013 and ended 2014 up about 4% y/y, although EU...
EU-ASEAN trade corridor: a aolid long-term growth trend
Jun 16, 2015 10:02 am UTC| Commentary
Trade relations between the EU and ASEAN have remained strong throughout the global recession and period of patchy growth following the GFC. Between 2008 and 2014, EU exports to ASEAN grew at a cumulative annual rate of...
Greece bankruptcy leaves gold market clod
Jun 16, 2015 09:46 am UTC| Commentary
The threat of national bankruptcy in Greece still appears to be leaving the gold market largely cold. Gold is trading at $1,185 and 1,050 per troy ounce this morning. Although there is considerable uncertainty with respect...
Jun 16, 2015 09:39 am UTC| Commentary
The wheat price fell again yesterday by nearly 3% and dropped below 500 US cents per bushel for the first time since the beginning of the month. In the crop progress report it published yesterday, the USDA left its figure...
Jun 16, 2015 09:24 am UTC| Commentary
Following the contract rollover, the Brent price gained by a good $1 overnight and this morning is trading at above $64 per barrel. The now expired July contract found itself under severe pressure yesterday and ultimately...
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