South Africa's NERSA decision in focus
Jun 25, 2015 21:56 pm UTC| Commentary
South Africa National Energy Regulator of South Africa (NERSA) announces its decision on electricity prices on 29 June. The troubled state-owned utility Eskom has requested a further 12% tariff rise.Eskom needs the...
Japan's retail sales and IP likely improved m/m in May
Jun 25, 2015 21:24 pm UTC| Commentary
Japan will release May retail sales and industrial production (IP) data on 29 June. Retail sales are expected to have increased 1.2% m/m on a seasonally adjusted (SA) basis, versus 0.3% in April.Increasing tourism likely...
30 June is the key date for Greece’s bailout deal and IMF repayment
Jun 25, 2015 21:13 pm UTC| Commentary
The Eurogroup meeting on 25 June ended with no agreement on Greece; it looks increasingly likely that the negotiations will go down to the wire, with further talks likely over the weekend.30 June is the final deadline for...
Average earnings data will be key in US NFP release
Jun 25, 2015 21:03 pm UTC| Commentary
The US growth outlook is improving. While recent manufacturing surveys have been mixed, the ISM manufacturing index is seen edging up to 53.5 from 52.8, offering tentative signs that the sector is slowly turning a corner...
Jun 25, 2015 20:51 pm UTC| Commentary
Westpac Research notes:Australian 3yr government bond (futures) yields fell from 2.13% to 2.08%, while the 10yr fell from 3.15% to...
Jun 25, 2015 20:51 pm UTC| Commentary
Westpac Research notes:US 10yr treasury yields initially rose from 2.38% to 2.42%, US personal consumption data stronger than expected, but the Greek stalemate helped a retreat during the NY afternoon to 2.39% currently. A...
Jun 25, 2015 20:49 pm UTC| Commentary
Westpac Research notes:AUD/NZD 1 day: Expecting an 1.1150-1,1220 range today.AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing risk), while the RBNZ is currently in easing mode. Expected RBA vs...