Jun 08, 2015 20:10 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 1bp lower at 3.37% while the 10yr should open 1bp lower at 4.11%.NZ swap yields 1-3 month:...
Growth in Australia will likely remain sub-trend over the next 12-18 months
Jun 08, 2015 19:01 pm UTC| Commentary
Despite the solid headline in the Australia March national accounts, there is clearly some cause for caution with regard to the outlook for growth. The decline in the resources investment cycle still has some way to play...
Jun 08, 2015 18:30 pm UTC| Commentary
BofA Merrill Lynch notes:The year-to-date silver consolidation is nearing its conclusion. Get ready for one last "(e" leg up, which should not break the May-18 high at 17.79.We will look to sell that rally for a resumption...
Japan unemployment down to its lowest since the introduction of Abenomics
Jun 08, 2015 18:19 pm UTC| Commentary
The unemployment rate for April was 3.3%, down 0.2ppt from March and the lowest level since April 1997 (3.2%). Not only has unemployment dropped to its lowest since the introduction of Abenomics, it has returned to levels...
Outlook for USD/PHP - Get bullish
Jun 08, 2015 17:52 pm UTC| Commentary
BofA Merrill Lynch says:Get bullish USD/PHP, pair is resuming its long-term bull trend after a year and a half of range trading.The Friday closing break of Triangle / trend line resistance at 45.00 points to further gains...
Outlook for EUR/USD - Stay bearish
Jun 08, 2015 17:51 pm UTC| Commentary
BofA Merrill Lynch says:Stay bearish EUR/USD, pair remains in a long-term bear trend.Last Thursdays reversal from 1yr trend line resistance at 1.1383 maintains the long-term downtrend for 1.0283/1.0000. Back below the base...
Jun 08, 2015 17:39 pm UTC| Commentary
Evidence says that the selloff in Bunds has passed for now. Bunds yields are topping out and turning near/medium term bullish. Such a change should be construed as bullish for risk assets.Momentum Elliott Wave analysis...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects