Aussie falls on lower Westpac consumer sentiment

Jan 20, 2016 05:01 am UTC| Commentary

Australian consumers were noticeably less optimistic about the economy as China fears prompts the Westpac consumer confidence to drop a massive 3.5%. The Westpac-Melbourne Institute Consumer Sentiment Index for...

Currency War Series

RBNZ likely to lower OCR further to 2% in 2016 on weaker CPI data

Jan 20, 2016 04:32 am UTC| Commentary Central Banks

New Zealands Consumer Price Index (CPI) dropped by 0.5% in Q4 2015, lower than Westpacs below-market projection of a drop of 0.4%. Meanwhile, the countrys annual inflation rate declined to just 0.1% from 0.4%. The drop in...

Kiwi drops as annual NZ CPI rate at lowest level since 1999

Jan 20, 2016 03:57 am UTC| Commentary

The New Zealand dollar slipped to $0.6366 in the early Asian session, from $0.6470 levels. Pair slipped below the 3 month low of $0.6382 levels and currently trading around $0.6386 levels. Initial support is seen at...

Most Asian markets Open Lower, Nikkei down around 2%

Jan 20, 2016 03:26 am UTC| Commentary

Shares in Japan continued to fall on Wednesday as the perpetual slide in oil prices and uncertainty over Chinas economic growth weighed on markets. It is suspected downward pressure is being placed on markets as Sovereign...

Inflation will remain high in Malaysia

Jan 20, 2016 02:59 am UTC| Commentary

Malaysias headline CPI figure for December15 due today is expected to register 3.0% YoY, up from 2.6% in the previous month. While the slump in oil prices is having significant disinflationary impact on many regional...

Taiwan's leading indicators would remain weak

Jan 20, 2016 02:43 am UTC| Commentary

The export orders, an important leading indicator for exports and industrial output, are due today. Close to the -6.3% in November15, a year-on-year contraction of -6% is expected for December15. For the whole year, export...

China’s 4Q15 GDP grew 6.8% YoY

Jan 20, 2016 02:41 am UTC| Commentary

In line with the governments target of about 7%, Chinas 4Q15 GDP grew 6.8% (YoY), and full-year GDP grew 6.9%. GDP slowed from 1.8% in 3Q to 1.6% in 4Q. While 4Qs number is the slowest in more than two decades, headline...