Thailand’s export growth likely contracted again in March

Apr 25, 2016 07:31 am UTC| Commentary

Thailands export growth is expected to have come in negative last month following an unexpected growth of 10.3% y/y in February, noted DBS Bank. Gold exports had warped the export data for February. According to consensus...

Taiwanese economy likely contracted again in Q1 2016

Apr 25, 2016 07:04 am UTC| Commentary

The Taiwanese economy is expected to have shrunk for the third consecutive time in Q1 2016, according to DBS Bank. The economy is likely to have contracted 0.6% in the first quarter, as compared with the contraction of...

FX Hedging Strategy Series

FxWirePro: Another reason to stay hedged in USD payables this week

Apr 25, 2016 06:57 am UTC| Commentary

Leveraged accounts remained bullish on commodity currencies, these funds further reduced their long USD positions in the week ended 19 April, by USD0.3bn to take it to only USD0.5bn, the least since July 2014 (refer...

Japanese bonds slip as investors book profit ahead of Bank of Japan’s policy meeting

Apr 25, 2016 06:39 am UTC| Commentary

The Japanese bonds plunged on Monday as short-term investors cashed in profit on expectation of further Bank of Japan (BoJ) easing in the up-coming two-day monetary policy meeting, which will push bonds yield lower across...

Singapore’s inflation decelerates further in March on decline in private road transport costs

Apr 25, 2016 06:35 am UTC| Commentary

In March, Singapores inflation decelerated for 17th straight month. Inflation slowed from Februarys 0.8% to -1%, primarily because of sharp fall in private road transport costs. Private transport costs fell mainly due to...

China manufacturing PMI to rebound further in April on recent recovery in economic activities

Apr 25, 2016 06:30 am UTC| Commentary

Given Chinas recent recovery in economic activities, the countrys Caixin manufacturing PMI is likely to further rebound in April, according to ANZ. In the first quarter, the economic growth of China continued to be strong...

Canada retail sales remains strong, but consumer spending likely to slow down

Apr 25, 2016 05:58 am UTC| Commentary

Retail volumes in Canada continued post solid growth in February after recording major gains in January, when retail sales grew 2.1% in terms of both volume and price. Canadians seem to be spending again after a weak end...