Australia's political uncertainty spooks markets, sees warnings from major ratings agencies

Jul 04, 2016 11:21 am UTC| Insights & Views Economy Commentary

Aussie initially came under considerable pressure during Asian market open after it became clear over the weekend that the parliamentary elections would not result in a clear majority for either party. Australias political...

Malaysian economic growth to moderate in 2016; weaker foreign demand to pose as headwinds

Jul 04, 2016 10:50 am UTC| Commentary Economy

The Malaysian economic growth is likely to slowthis year. There are downside risks to the growth because of subdued foreign demand and limited private consumption given high household debt. In 2015 and 2014, the Malaysian...

Taiwan’s headline CPI inflation likely to have remained stable in June

Jul 04, 2016 09:41 am UTC| Commentary Economy

Taiwans headline CPI inflation is expected to have remained stable in June. In the previous month, the CPI inflation had slowed to 1.2 percent year-on-year from 1.9 percent year-on-year. This was predominantly because of...

UK’s construction sector sees renewed drop in output levels in June, PMI drops to below 50

Jul 04, 2016 09:38 am UTC| Commentary Economy

Junes data shows a renewed drop in output levels throughout the UKs construction sector, led by a sharp drop in residential building and decline in commercial work for the first time since May 2013. The seasonally adjusted...

Chile’s economic growth likely to have rebounded in May

Jul 04, 2016 09:05 am UTC| Commentary Economy

Chiles economic growth is likely to have rebounded in May based on the trade figures. According to a Societe Generales research report, the countrys economic growth is expected to have accelerated 2.1 percent year-on-year...

Australia’s retail sales likely grew marginally in May on rebound in food sales

Jul 04, 2016 07:36 am UTC| Commentary Economy

Australias retail sales are likely to have expanded slightly in May on recovery in food sales. In the initial four months of 2016, Australias nominal sales have grown weakly; however, that shows the price trend rather than...

Australia’s retail sales likely grew marginally in May on rebound in food sales

Jul 04, 2016 07:36 am UTC| Commentary Economy

Australias retail sales are likely to have expanded slightly in May on recovery in food sales. In the initial four months of 2016, Australias nominal sales have grown weakly; however, that shows the price trend rather than...