Briferendum Series

Brexit to negatively impact EU short-term growth outlook

Jun 27, 2016 09:26 am UTC| Commentary Economy

The decision of UK to exit the European Union will adversely impact the short-term growth prospect of the EU through a direct effect on trade, increased uncertainty and tightening of monetary and financial conditions due...

Briferendum Series

Brexit paints an unclear picture for EU’s long-term economic outlook

Jun 27, 2016 09:17 am UTC| Economy Commentary

The exit of the United Kingdom from the membership of the European Union has painted an unclear picture concerning the long-term outlook of the European Union. It will depend on what form the new EUUK relationship takes,...

China’s economic growth momentum begins to fade

Jun 27, 2016 07:39 am UTC| Commentary Economy

Chinas growth momentum is changing. Following a solid recovery in March, the latest data flow implies that the growth momentum of the Chinese economy is beginning to wane, said ANZ in a research note. Last month, Chinas...

US June consumer sentiment fades on concerns over economic outlook

Jun 27, 2016 07:37 am UTC| Economy Commentary

The United States consumer sentiment for the month of June faded on concerns over the nations economic outlook, even before possible repercussions from the United Kingdoms decision to leave the European Union. The...

Singapore likely to be marginally affected by Brexit in the near term

Jun 27, 2016 07:01 am UTC| Commentary Economy

The effect of Brexit is likely to affect Singapore marginally in the near term, given that the equity market has already responded negatively on the Black Friday of June 24, and the SGD has depreciated against the...

New Zealand records trade surplus in May on stronger-than-expected export values

Jun 27, 2016 06:51 am UTC| Commentary Economy

New Zealands goods imports for May grew 5.7 percent to $4.2 billion in May 2016, which is mainly driven by increase in consumer goods imports that grew 16 percent y/y, according to Statistics New Zealand. Meanwhile, goods...

Mexico’s exports likely to have declined in May on slower U.S. growth

Jun 27, 2016 06:11 am UTC| Commentary Economy

The deceleration in Mexicos merchandise exports and imports in recent times is not much different from that in the first quarter of 2016 and in the fourth quarter of 2015. However, there appears to certain change in the...