Japan's employment situation to strengthen in 2015
May 28, 2015 08:23 am UTC| Commentary
The unemployment rate is likely to remain unchanged at 3.4% in April. In March, the number of job seekers that dropped out of the labour force increased, and this led to a technical improvement in the unemployment rate (it...
Japan’s inflation target becoming more difficult to achieve
May 28, 2015 08:05 am UTC| Commentary
Japans nationwide CPI (excluding fresh food) is likely to have risen 0.3% yoy in April (sharply down from 2.2% in March).This is because most of the effect of the consumption tax (CT) hike in April 2014, which pushed up...
South Korea's industrial production to rebound thanks to electronics and auto sectors
May 28, 2015 07:09 am UTC| Commentary
Industrial production is likely to have rebounded rather significantly in April after a modest decline in March, though its year-on-year growth will remain slightly below zero. The sizeable decline in year-on-year export...
Mexican unemployment rate likely fell further on seasonally adjusted basis
May 28, 2015 06:59 am UTC| Commentary
After peaking in July 2014, the Mexican unemployment rate declined to 3.76% in December, as labour force growth slowed in line with employment growth, and it then fluctuated between 4.51% in January and 3.46% in March. The...
May 28, 2015 06:53 am UTC| Commentary
The first estimate of Q1 GDP was a surprisingly weak 0.3% qoq. They imply an upward revision of 0.1pp to 0.4% qoq. This estimate also provides the first expenditure breakdown for the quarter. Retail sales including auto...
Brazil's fiscal initiatives gain ground in congress
May 28, 2015 06:47 am UTC| Commentary
After several days of weak performance the Brazilian real recovered 0.44% against the USD on Wednesday to USD-BRL 3.1397 as the governments fiscal initiatives continue to gain traction in congress. Key austerity measures...
China Europe International Exchange to provide access to Chinese markets
May 28, 2015 06:42 am UTC| Commentary
Deutsche Boerse, the Shanghai Stock Exchange and the China Financial Futures Exchange announced yesterday a new joint venture named China Europe International Exchange. The newly created Exchange gives investors outside...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight