Jun 11, 2015 05:34 am UTC| Commentary
The rates market is not pricing in monetary easing by BI for the remainder of 2015. Rather, the market would not be surprised if the BI hiked policy rates in response to the Feds lift-off. With the benchmark 9Y IDR bond...
No more room for a BI rate cut this year
Jun 11, 2015 04:56 am UTC| Commentary
BI is not expected to cut the BI rate this year, given current and expected pressures on the Indonesian rupiah (IDR) for the remainder of this year. Further BI rate cuts would only put more strain on the IDR and increase...
Daily Economic Outlook: 11th June, 2015
Jun 11, 2015 04:25 am UTC| Commentary
Following last nights Mansion House speech from Mark Carney with no domestic policy bearing, Chinese data on industrial production and retail sales will provide the morning economics focus. In the context of anxieties...
Australian inflationary expectations June 2015
Jun 11, 2015 01:56 am UTC| Commentary
The Melbourne Institute (MI) Inflationary Expectations are reported as a 30% symmetric trimmed mean utilising all responses except for the dont know responses.Compared to the previous old trimmed mean, this adds 2ppt to...
US - Retail sales likely rebounded in May
Jun 11, 2015 00:45 am UTC| Commentary
RBC Capital Markets notes: We look for a firm +1.5% m/m rise in headline May retail sales, supported by the best auto sales in 10 years. The internals are expected to be favourable as the critical underpinnings of the...
New Zealand – RBNZ cuts policy rate by 25bps
Jun 10, 2015 23:07 pm UTC| Commentary
The Reserve Bank of New Zealand (RBNZ) cut the official cash rate by 25bps to 3.25% at its monetary policy meeting on 11 June. The consensus forecast was for no change and money markets had priced in close to a 47%...
India's inflation likely rose in May
Jun 10, 2015 22:26 pm UTC| Commentary
India will release a number of data points in the next few days, with CPI data likely to be the focus. After temporarily dipping below 5% in April, May CPI inflation (due on 12 June) likely rose to 5.21% y/y on higher food...