Jun 23, 2015 20:20 pm UTC| Commentary
Westpac Research notes:NZD/USD 1 day: Moving towards the July 2010 low of 0.6795.NZD/USD 1-3 month: Our immediate target is 0.6795, being the major low formed in July 2010. Below that theres 0.6560 which was a major low in...
Jun 23, 2015 20:19 pm UTC| Commentary
Westpac Research notes:AUD/USD 1 day: Early signs of momentum sagging, arguing for a retest of the 0.7700 area.AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend should weigh on the AUD during the next...
Jun 23, 2015 20:18 pm UTC| Commentary
Westpac Research notes:AU swap yields 1 day: The 2yr should open around 2.20% while the 10yr should open around 3.42%.AU swap yields 1-3 month: The 2yr is eking a sideways range of 2.05%-2.30%, while the 10yr should...
Jun 23, 2015 20:17 pm UTC| Commentary
Westpac Research notes:NZ swap yields 1 day: Given the movement in interest rates in key markets overnight, the NZ 2yr should open unchanged at 3.10% while the 10yr should open up 1bp at 3.97%.NZ swap yields 1-3 month:...
Fed likely to begin a gentle rate hike cycle in Sept
Jun 23, 2015 18:48 pm UTC| Commentary
After a weak start to the year, GDP growth is set to re-strengthen to roughly 3% in coming quarters. Underlying inflation is subdued, but rising wage pressure and above-potential growth support the view of a gradual...
Strengthening DM consumption to be a global bright spot in coming months
Jun 23, 2015 18:40 pm UTC| Commentary
Global GDP accelerated through much of 2014 before stumbling at year end. After reaching 4% qoq (saar) in 3Q14, global growth slowed to 2.7% and 2.5% in 4Q and 1Q15, respectively. There are a number of short-term...
Improvement seen in eurozone public finances
Jun 23, 2015 17:47 pm UTC| Commentary
There has been a real improvement in eurozone public finances, but it is highly unequal. At the eurozone level, the process of cleaning up public finances continues.Austerity is winding down, growth is picking up the slack...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects