Guide to today’s important data and events
Apr 28, 2016 04:24 am UTC| Commentary
Lots of economic dockets scheduled for today and only few with high risks associated. Data released so far: Australia Import price index declined -3% in first quarter while export prices have -4.7%. Japan Bank...
BOJ braves market, keeps policy unchanged
Apr 28, 2016 03:46 am UTC| Commentary
Bank of Japan (BOJ) policymakers didnt bow to high market expectations of easing policy further and kept policy unaltered. It kept its main interest rate, which was lowered to negative for first time in January, at...

FxWirePro: USD/JPY slumps as BoJ disappoints markets with no change in policy
Apr 28, 2016 03:27 am UTC| Commentary
USD/JPY slumped from around 111.70 levels to 108.74 after Bank of Japan decided to stand put, keeping the policy unchanged, with the interest rate at -0.1%. The bank announced a lian support program for banks in areas...
China onshore rates rise on expectations of less aggressive PBoC easing
Apr 27, 2016 15:28 pm UTC| Commentary
Economic scenario in China has been quite upbeat in April. Rebound in PMI pulse, improved trade data, stronger commodity and house prices and a stronger GDP growth in Q1 have helped in strengthening confidence. Meanwhile,...
UK economic growth slowed in Q1, further deterioration likely in Q2
Apr 27, 2016 14:49 pm UTC| Commentary
The first preliminary estimate of UKs Q1 gross domestic product released by the Office for National Statistics (ONS) showed UKs Q1 GDP came at 0.4% inline with expectations and compared to 0.6% in the last quarter, while...
China's oil demand shows stabilisation in March, pick-up in macro activities support
Apr 27, 2016 14:28 pm UTC| Commentary
China oil product output and inventories data for March showed signs of stabilisation of oil demand. Total implied oil demand was 411kb/d higher y/y, which brought Q1 average demand growth to 180kb/d y/y. Uptick was mainly...
Brazil COPOM to stay put for now with a less hawkish tilt
Apr 27, 2016 14:01 pm UTC| Commentary
All 32 analysts polled by Reuters believe the Brazil Copom will maintain its benchmark Selic rate at 14.25 percent to anchor inflation expectations despite a recent slowdown in price increases. This could be the last...