Indonesia’s inflation to remain within BI’s target range in March, April
Mar 31, 2016 05:39 am UTC| Commentary
The Indonesian economy, which faced certain challenges in 2015 such as weak rupiah, slowing growth and high inflationary pressures, saw certain positive surprises in 2016. The economy expanded 5.04% y/y in Q4 2015 and grew...
Guide to today’s important data and events
Mar 31, 2016 04:51 am UTC| Commentary
Lot of economic dockets scheduled for today and some with high risks associated. Data released so far New Zealand ANZ business confidence dropped to 3.2 in February from 7.1 in January. M3 money supply...
Asian markets trading on a mix note, Gold finds support above $1222
Mar 31, 2016 03:24 am UTC| Commentary
Asian markets are trading on a mix note on Thursday after U.S. released ADP job data with flat numbers at 200K vs 195K expected. On the other side, Gold fails to sustain above $1242 and trading around $1226 marks. Japanese...
Weakness in labour market increases the chance of another rate cut from Norges Bank
Mar 30, 2016 16:48 pm UTC| Commentary
Statistics Norway released unemployment data earlier today, which came in higher than expected suggesting that Norways unemployment is gradually rising and employment has stagnated. LFS unemployment came in at 4.8% in...
Japan's manufacturing activity will likely contract this quarter
Mar 30, 2016 15:43 pm UTC| Commentary
Data released earlier today by Japans Ministry of Economy, Trade and Industry (METI) showed that Japanese industrial output fell sharply in February, falling by fastest rate since 2011. The combined output from Japans...
An upbeat employment report could keep alive expectations of June Fed hike
Mar 30, 2016 15:16 pm UTC| Commentary Central Banks
March non-farm payrolls will be the key release this week (Fri), and the ADP employment report on Wednesday will be watched for clues. Although the monthly correlation is not especially high, another 200k+ outturn for ADP...

China's housing market unlikely to be an issue for the FX market
Mar 30, 2016 14:18 pm UTC| Commentary Real Estate
While some observers claim China is heading for another property bubble, the big picture is more complex. There are signs of bubble formation in some cities and excessive inventory in others, but there is solid growth in...