Singapore NODX growth likely remained muted in March

Apr 15, 2015 21:22 pm UTC| Commentary

Singapore will release March non-oil domestic exports (NODX) data on 17 is expected to have fallen 0.2% y/y, following a 2.4% y/y decrease in January-February, due to continued weakness in electronics exports.Electronics...

Poland monetary policy changes not before Q1 next year

Apr 15, 2015 20:57 pm UTC| Commentary

Only under extraordinary circumstances would the MPC consider further interest rate cuts. These circumstances could include the drastic appreciation of the PLN against the EUR to below 3.80.The possibility of such a...

China GDP growth slowed further in Q1, more easing expected

Apr 15, 2015 17:53 pm UTC| Commentary

China GDP growth slowed further to 7.0% y/y in Q1, with few signs of a quick turnaround. Sluggish investment seems to have been the main reason for decelerating growth. Year-to-date fixed asset investment (FAI) growth has...

BoE will likely hike rate this year despite low inflation

Apr 15, 2015 17:46 pm UTC| Commentary

Bank of England will hike this year despite low inflation, as inflation is expected to pick up when the base effects from the drop in food and energy prices fade.Wage growth is likely to pick up further this year in step...

Canadian housing likely to beat expectations yet again in 2015

Apr 15, 2015 17:24 pm UTC| Commentary

Canadian existing home sales bounced back from what was a pretty chilly winter, rising by 4.1% in March 2015, leaving them 9.5% above year ago levels. Most markets across Canada recorded double-digit annual gains in home...

Outlook for Canadian manufacturing sales continues to soften

Apr 15, 2015 17:00 pm UTC| Commentary

Canadian manufacturing sales fell again in Feb, declining 1.7%, following a downwardly revised contraction of 3.0% in January. The fall in sales was the result of declines in the volume of sales, as real manufacturing...

Q1 economic weakness was not enough to budge the Bank of Canada

Apr 15, 2015 16:52 pm UTC| Commentary

As was widely expected, the Bank of Canada kept the overnight rate on hold at 75 basis points today. To justify its stay the course position, the Bank cited that the downward pressure on inflation from sluggish economic...