Philippines weak exports drive a temporary loss of momentum
May 28, 2015 04:25 am UTC| Commentary
Q1 GDP in the Philippines came in well below expectations at 5.2%, slowing sharply from a downwardly revised Q4 print of 6.6%, and below the consensus expectations of 6.6%. On a seasonally adjusted basis, GDP expanded just...
Daily Economic Outlook: 28th MAY, 2015
May 28, 2015 04:18 am UTC| Commentary
The domestic focus will be on the second estimate of GDP data for Q1, alongside the index of services for March. According to the first estimate, GDP expanded by a weaker-than-expected 0.3% in the first quarter. More...
Japan's real GDP to show strong growth in FY2015
May 28, 2015 00:37 am UTC| Commentary
Japan recorded solid Q1 2015 GDP growth of +0.6% qoq (or +2.4% qoq at an annualised rate), with inventory making a significant contribution (+0.5ppt) to real GDP growth over the period.According to the analysis, inventory...
US second Q1 GDP print may be a painful reminder of data weakness
May 27, 2015 23:11 pm UTC| Commentary
US data has mostly disappointed so far this year, with relatively broad-based weakness. Against widespread expectations of an acceleration early in the year, private consumption has remained lacklustre, despite the c.USD...
Japan core inflation likely remained 0%; IP may have edged up
May 27, 2015 22:52 pm UTC| Commentary
Japan will release key April economic data on 29 April, including core inflation, industrial production (IP), and job data.Core inflation is expected to have dropped to 0.0% y/y in April from 2.2% in March as the base...
FX – USD-LKR raised and lower USD-BDT forecasts
May 27, 2015 22:43 pm UTC| Commentary
Standard Chartered notes: We maintain our bearish view on the Sri Lankan rupee (LKR) but raise our USD-LKR forecasts given recent market moves. We see three key drivers of USD-LKR strength: (1) trade-balance...
Indonesia's inflation likely accelerated in May
May 27, 2015 21:51 pm UTC| Commentary
The National Statistics Agency (BPS) will announce May CPI data on Monday, 1 June. The headline inflation is estimated to accelerate 0.5% m/m (7.1% y/y) in May from 0.4% m/m (6.8% y/y) in April, while core inflation stayed...
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