Australia Westpac Leading Index (MoM): -0.3% (December) vs previous -0.2%

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Jan 27, 2016

Oil more than -5% off highs on huge inventory build up

Oil futures are trading around -3.5% off its highs, last at $30.5 from a high of $32.40, following a huge build up in inventories in the US. The decline precedes a steady recovery on Tuesday, which saw Oil bounced hard off sub $30.

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Jan 27, 2016

China’s statistics chief detained in graft investigation

While hardly surprising, given the constant suspicion of massaging economic data, the South China Morning Post reports in its morning edition that China’s statistics chief Wang Baoan has been detained in graft investigation.

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