Japan Data Response Consumer Confidence (Jun.) Consumer confidence remains low but is gradually rising from the depressed levels seen immediately following the recent disaster. Consumers remain particularly concerned about employment prospects and... 12th July 2011 · 1 min read
Asia Economics Weekly Singapore’s growth to improve later this year Singapore’s latest GDP figures will be released on Thursday and are likely to show that the economy contracted in the second quarter. However, this should be seen in the context of strong growth... 12th July 2011 · 1 min read
Capital Daily Fragile US labour market casts a pall over commodity prices 12th July 2011 · 1 min read
US Economics Weekly Debt ceiling impasse drags on The impasse over raising the debt limit continued last week, although it looks like the two sides are edging closer to a deal ahead of the 2nd August deadline set by the Treasury. If there's no deal... 12th July 2011 · 1 min read
Canada Economics Weekly Prospects for a sustained rebound in growth dimming Following 3.9% annualised growth in the first quarter, our latest calculations point to a substantial slowdown in second-quarter GDP growth, to 1.2%. Although we anticipate a partial rebound in the... 12th July 2011 · 1 min read
Europe Economics Weekly A reality check for Portugal Last week’s move by credit rating agency Moody’s to cut Portugal’s rating to below investment grade was a stark reminder that default concerns are not confined to Greece. While the move was fiercely... 12th July 2011 · 1 min read
UK Economics Weekly Weak Q2 due to more than just temporary factors The activity surveys and the official data we have so far suggest that quarterly GDP growth in Q2 was just 0.2% or 0.3%. Part of this weakness just reflects a number of temporary adverse factors... 12th July 2011 · 1 min read
Japan Economics Weekly GDP forecasts refreshed We have nudged up our forecast for Japanese GDP in 2011 but continue to expect a full year recession with the economy contracting by 1.2% . While the initial recovery from March’s disaster has been... 12th July 2011 · 1 min read
UK Data Response Producer Prices (June) June’s producer prices figures showed that cost pressures in the industrial sector are still intensifying, but at a slower pace than before. 9th July 2011 · 1 min read
Asia Economics Update Sri Lanka’s central bank focused on supporting growth The Central Bank of Sri Lanka (CBSL) kept its policy rates on hold today, as expected. Growth slowed at the start of the year due to heavy floods, while headline inflation has been trending lower and... 9th July 2011 · 1 min read
US Data Response Employment Report (Jun.) June's employment report doesn't have a single redeeming feature. It's awful from start to finish. Non-farm payrolls increased by only 18,000 last month, down from a similarly muted 25,000 gain the... 9th July 2011 · 1 min read
Canada Data Response Labour Force Survey (Jun.) Recent employment gains have been respectable, including the 28,400 jobs added in June. The thorny issue, however, is that average hours worked are still well below normal, reflecting the sub-par... 9th July 2011 · 1 min read
Commodities Update US demand likely to remain sluggish Today's weak employment report should go some way towards dashing the renewed optimism about the US economy which, combined with reduced fears of an imminent Greek default, had propped up commodity... 9th July 2011 · 1 min read
Latin America Economics Update Peruvian rates on hold as policymakers await Humala The Central Bank of Peru (BCRP) held interest rates at 4.25% for the second consecutive month last night. With investment spending and inflation set to accelerate later this year, we continue to... 9th July 2011 · 1 min read
Japan Data Response Economy Watchers Survey & Bank Lending (Jun.) The Economy Watchers Survey bounced back in June, supporting other evidence that the economy continued to rebound through the end of Q2. The outlook component also improved but suggests the recovery... 9th July 2011 · 1 min read
China Economics Update Inflation Monitor (Jun.) A decline in China's pig population at the turn of the year is now resulting in a surge in pork prices that probably pushed consumer price inflation above 6% y/y last month. Price pressures for non... 9th July 2011 · 1 min read
