China's export growth likely to fall back sharply this month
Mar 09, 2015 18:55 pm UTC| Commentary
Chinas export growth surged last month, from -3.2% y/y to +48.3%. (Data released on Monday.) Imports remained weak, with the pace of contraction accelerating slightly from 19.7% y/y in January to 20.5%.Capital Economics...
Mar 09, 2015 18:38 pm UTC| Commentary
The jump in Japan Februarys Economy Watchers Survey suggests that economic conditions are improving strongly. (Data released on Monday.)The current conditions component surged from 45.6 in January to 50.1 in February, the...
BoJ will likely announce more easing at its late-April meeting
Mar 09, 2015 18:30 pm UTC| Commentary
According to revised data, Japan GDP expanded by 0.4% q/q (1.5% annualised) last quarter, less than the preliminary estimate of a 0.6% q/q increase. (Data released on Monday.)Admittedly, this was entirely due to a 0.2pp...
Australia getting used to sub-trend growth
Mar 09, 2015 18:17 pm UTC| Commentary
Real GDP growth in Australia was sub-trend in the fourth quarter of 2014, despite household spending, inventories and net exports all contributing.The national accounts release for the December quarter showed that gross...

Asian export growth to see modest export recovery in 2015
Mar 09, 2015 18:11 pm UTC| Commentary
The inventory cycle is one of the best lead indicators for Asian exports, and it is correlated with foreign exchange and equity markets.Latest development in inventory position calls for more patience, in the speed of...
Improvement in Japan SMEs' earnings is also likely to benefit wages
Mar 09, 2015 17:28 pm UTC| Commentary
Japan non-financial companies recurring profits totaled 18,065.1bn and their recurring margin reached 5.3% in October-December 2014, the highest levels since the data started.The improvement in corporate earnings and...
ECB's macroeconomic outlook consistent with the success of QE
Mar 09, 2015 17:15 pm UTC| Commentary
European Central Bank (ECB) President Mario Draghi laid out an outlook that is consistent with the success of QE without calling into question the commitment to QE.He clarified the technical feasibility of the program and...