Philippine's remittances pay back January-February weakness
May 15, 2015 10:22 am UTC| Commentary
Philippines remittances recovered further in March, better than consensus and even our above-consensus forecast. The rebound represents a further recovery from the weakness seen in January, which was likely affected by...
Shift in sentiment on the oil market
May 15, 2015 10:01 am UTC| Commentary
Are we about to see a shift in sentiment on the oil market? One might be forgiven for gaining this impression considering the (lack of) response to the news which in the past would usually have sparked rising prices. Take...
Singapore retail sales continue to struggle
May 15, 2015 09:58 am UTC| Commentary
Singapores retail sales in March came in weaker than expectations, with ex-auto sales particularly weak at -3.2% y/y, following the Lunar New Year-related bounce in February. Car sales, especially smaller cars, increased...
Outlook for the week ahead (18 to 22 May)
May 15, 2015 08:08 am UTC| Commentary
Economic data: Sentiment amongst both analysts and corporates is likely to have dipped in Germany and analysts look for the ZEWindex and Ifo business climate to decline in May. US core inflation is expected to have held at...
Malaysia posts solid Q1 GDP, despite headwinds
May 15, 2015 08:05 am UTC| Commentary
Malaysias Q1 GDP grew 5.6% y/y, better than consensus forecast of 5.5%, with growth remaining strong despite external headwinds from lower commodity prices and weaker growth elsewhere in the region. Despite the upside...
China's inflation remains subdued
May 15, 2015 07:21 am UTC| Commentary
Chinas CPI inflation edged up to 1.5% y/y in April from 1.4% in March on last years lower base. CPI inflation was -0.2% m/m in April, reflecting still-soft consumer sentiment. Both core inflation (1.5% y/y) and services...
A stronger USD and weak global demand causes US manufacturing sector to struggle
May 15, 2015 07:19 am UTC| Commentary
The US manufacturing sector is struggling with a stronger USD and weak global demand, which has weighed on production recently.Somewhat better growth is expected in April and look for manufacturing production growth of...
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