
Japan's business conditions for manufacturers remained unchanged in Q1
Apr 01, 2015 07:51 am UTC| Commentary
Japans current business condition diffusion index (DI) for large manufacturers remained unchanged at +12 (consensus was +14) in Q1. After a strong business condition DI in Q1 2014 (+17) when last-minute demand ahead of the...

China's official manufacturing PMI improves slightly
Apr 01, 2015 07:38 am UTC| Commentary
Chinas official manufacturing PMI published by the National Bureau of Statistics (NBS) in March improved slightly to 50.1 (Consensus: 49.7, DBM 49.5) from 49.9 in February. The HSBC/Markit manufacturing PMI in its final...
China official manufacturing PMI up at 50.1 in March
Apr 01, 2015 06:49 am UTC| Commentary
In emerging markets, the renewed hopes of PBoC easing is fuelling a rally in the Chinese stocks. The Shanghai composite index is already up 17.5% YTD and data earlier today showing that the official manufacturing PMI...
Indonesia's budget deficit to surprise on the downside
Apr 01, 2015 06:09 am UTC| Commentary
Indonesias budget deficit is not expected to touch the 3% of GDP. The provisional fiscal deficit for 2014 printed at 2.2% of GDP, lower than our forecast of 2.5%.Given that there was a significant underperformance on the...

Australia's import strength to boost trade deficit again
Apr 01, 2015 05:53 am UTC| Commentary
There is nothing wrong with the momentum in Australias exports - with 3m-o-3m growth of 2.2% up to January (9% annualized) - especially considering the persistent weakness of commodity and hence export prices; but owing to...

US manufacturing ISM index to increase slightly after four consecutive declines
Apr 01, 2015 05:45 am UTC| Commentary
The US manufacturing ISM index is expected to show that manufacturing activity quickened very modestly in February. Roughly one point increase is projected in the index from 52.9 to 53.8.Data on manufacturing trends...
BOT monetary policy to stay accommodative for the rest of 2015
Apr 01, 2015 05:44 am UTC| Commentary
Thailand Inflation fell further in March, and was slightly below our and market forecasts. While the drag from lower oil prices is easing, core inflation remains benign. Core inflation also fell modestly to 1.31%, which is...