Korea's March industrial production likely declined due to weakness in electronics sector

Apr 29, 2015 05:56 am UTC| Commentary

Koreas industrial production is likely to have shown a modest decline in March after the technical rebound in February, which would not bode well for the near-term growth outlook.The weakness in the electronics sector...

German flash HICP inflation to rise to 0.3% yoy in April

Apr 29, 2015 05:51 am UTC| Commentary

German HICP inflation printed at 0.1% yoy in March and the rebound in consumerprices is expected to continue in April as well. Energy prices rose again during the month of April andshould contribute positively to the...

UK retail sales trend firm but not clear surveys will show that

Apr 29, 2015 05:48 am UTC| Commentary

The drivers of UK consumption are strong - real income is growing and consumer confidence is atcycle highs, supported in part by the continuing strong upward trend in employment.Therefore we need not read much into the...

Soft US Q1 GDP keeps the Fed sidelined

Apr 29, 2015 05:46 am UTC| Commentary

The BEA will publish its first estimate of US Q1 GDP growth which is likely to be just 1.1%(qoq annualized), as growth was capped by weather, oil and the dollar.The principal question facing Fed officials today as they end...

Daily Economic Outlook: April 29th, 2015

Apr 29, 2015 05:15 am UTC| Commentary

Although the FOMC is widely expected to leave policy unchanged at its April meeting (1400 GMT), of key interest will be its interpretation of Q1 data trends in the post-meeting statement. Todays initial Q1 GDP estimate...

Euro area CPI likely remained in negative territory

Apr 28, 2015 23:36 pm UTC| Commentary

The April euro-area CPI flash release , due on Thursday, is expected to stay at -0.1% y/y. However, core CPI is likely to have eased again to 0.5% y/y.The 50% increase in the Brent crude oil price in euro (EUR) terms since...

Taiwan large trade surplus likely to have supported Q1 GDP growth

Apr 28, 2015 23:01 pm UTC| Commentary

Taiwan is scheduled to release preliminary Q1 GDP growth data on 30 April.The trade surplus spiked 106% y/y to a record-high USD 13.4bn in Q1, owing mainly to weak imports on substantially lower global oil and commodity...