Philippines January trade deficit likely widened on poor export growth
Mar 20, 2015 08:32 am UTC| Commentary
The Philippines will release January trade balance and import data on 25 March.Standard Chartered notes its forecasts as follows: We expect the trade deficit to have widened to USD 910mn from USD 70mn in...
Slower inflation likely in Japan, moderate retail sales increase in February
Mar 20, 2015 08:30 am UTC| Commentary
Standard Chartered notes its forecasts as follows: We expect slower inflation, moderate retail sales increase in February Japan will release February inflation, retail sales and jobs data on 27 March. We expect core...
Hong Kong February export data likely distorted by Lunar New Year holidays
Mar 20, 2015 08:28 am UTC| Commentary
Hong Kong will announce February trade data on 26 March.Standard Chartered notes its forecasts as follows: We forecast export growth at 9.9% y/y, up from 2.8% in January, mainly on last years low base due to the Lunar...
Mar 20, 2015 07:10 am UTC| Commentary
USD/CAD has traded higher in recent weeks despite the pare back of CAD rate cut expectations.The weakness in oil prices and the firmer USD has supported the USD/CAD gains.Today, Canadian CPI and retail sales data will be...
Mar 20, 2015 07:08 am UTC| Commentary
The USD made full recovery pretty much across the board in G10 yesterday, post-FOMC volatility.Illiquid markets coupled with a recovery in short dated US yields helped support the continuation of USD strength.It is...
Sunday elections in Andalusia to fuel fears of political instability in Spain
Mar 20, 2015 06:53 am UTC| Commentary
The 2015 Spanish electoral marathon will start on Sunday in Andalusia: the snap elections in the second-largest region (14% of Spanish GDP) will be followed by elections in 13 out of 15 regions on 24 May (together with...
BCCh likely on hold as downside risk to growth balanced by upside risks to inflation
Mar 20, 2015 06:51 am UTC| Commentary
The BCCh paused in November 2014 after having reduced the overnight rate by a total of 200bp to 3.0% since October 2013.The central banks recent statements have been neutral, reflecting the environment of low growth and...
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