Philippines export growth likely fell for a fourth consecutive month
May 10, 2015 21:40 pm UTC| Commentary
The Philippines will release March export data on 12 May. Export growth is expected to have dropped for a fourth consecutive month to 1% y/y, versus the 3.1% drop in February, owing in part to sluggish external demand from...
India's April inflation likely dipped below 5%; March IIP was likely tepid
May 10, 2015 21:33 pm UTC| Commentary
India will release April CPI and March IIP data on 12 May. Inflation is expected to have dipped to 4.85% y/y from 5.17% in March.Unseasonal rainfall likely pushed prices, especially vegetable prices, marginally higher, but...
Eurogroup meeting, GDP and IP in focus
May 10, 2015 21:25 pm UTC| Commentary
The Eurogroup meeting (Monday) will be mostly dedicated to Greece. Finance ministers will review progress on the negotiations for the conclusion of the programme, but an agreement is not expected that would unlock the...
Australia's federal budget to show an improving trajectory
May 10, 2015 21:08 pm UTC| Commentary
Australias federal budget on Tuesday should show an improving trajectory, but larger deficits compared with MYEFO.More importantly though, the lack of credible medium-term fiscal consolidation plan has received more...
US non-farm payrolls rose 228k in April
May 10, 2015 20:51 pm UTC| Commentary
United States non-farm payrolls rose 228k in April, compared to a downwardly revise 85k in March.The unemployment rate of 5.4% matched expectations as well as the March result, while hourly earnings growth was...
Bank of Korea to leave rates at 1.75%
May 10, 2015 20:35 pm UTC| Commentary
BoK is expected to leave rates at 1.75% on Thursday, but there is a small minority (2 out of 10) expecting a 25bps rate cut.With growth and inflation subdued, BoK remains under pressure and the door remains open for...
A very busy week ahead for UK events
May 10, 2015 20:26 pm UTC| Commentary
Its a very busy week for UK events, with the BoE meeting tonight, IP data (Tues), BoE inflation report (Weds), and labour market report (Weds).The BoE meeting should be a unanimous decision for no change, and a non-event....
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects