In one line: China’s FX reserves rebounded in May, driven mainly by valuation effect of exchange rate
Kelvin Lam (Senior China+ Economist)China+
Japan's revised Q1 GDP still points to miserable domestic demand
Duncan WrigleyChina+
- In one line: The labour market bottoms out.
Rob Wood (Chief UK Economist)UK
- In one line: Upside pressures will keep policymakers on the alert.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Upside pressures will keep policymakers on the alert.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Modest core pressures point to further monetary easing this month.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Modest core pressures point to further monetary easing this month.
Andrés Abadía (Chief LatAm Economist)Latin America
In one line: Net exports did the heavy lifting, but the trend in consumption looks decent.
Claus Vistesen (Chief Eurozone Economist)Eurozone
- In one line: Fret not, the recovery in electronics exports is still in place.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
In one line: Sign of life in manufacturing; is real net trade weakening?
Claus Vistesen (Chief Eurozone Economist)Eurozone
- In one line: A cut in August now certainly looks off the table.
Miguel Chanco (Chief EM Asia Economist)Global
An RBI cut in August now certainly looks off the table
The policy-induced upswing in Thai inflation shouldn’t bother the MPC
Don’t put too much stock into the April leap in Philippine sales
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
China's robust May export growth largely propelled by shipments to ASEAN
Duncan WrigleyChina+
- In one line: Surveys are playing ball, the hard data will follow.
Rob Wood (Chief UK Economist)UK
- In one line: Construction growth accelerates further, supporting the recovery from last year's recession.
Rob Wood (Chief UK Economist)UK
- The initial estimate of a brisk 272K rise in May payrolls likely will be revised down, given many weak indicators.
- The case for firms to hoard staff is weakening as the unemployment rate grinds higher.
- The unwinding of a calendar quirk drove May’s jump in average hourly earnings; the trend still is slowing.
Ian Shepherdson (Chief Economist, Chairman and Founder)US
- Mexico eyes further monetary easing amid subdued core inflation, but politics are now a huge threat.
- Chile’s inflation likely will resume its downtrend despite the recent uptick, thanks to the CLP rebound.
- Rising electricity tariffs, however, pose an upside risk to the inflation outlook; the BCCh is on the alert.
Andrés Abadía (Chief LatAm Economist)Latin America
- Formal dissent in the RBI grew this month, but we’ll now likely have to wait until October for the first cut.
- The base-effect and policy-driven upswing in Thai CPI should be ignored by the MPC this week.
- Taiwanese export growth disappointed in May, but not enough to derail the overall recovery.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
