South Korea – 3M CD and 1Y MSB forecasts
Jun 07, 2015 23:01 pm UTC| Commentary
Standard Chartered notes: We revise lower our 3M certificate deposit and 1Y monetary stabilisation bond (MSB) forecasts, as we now expect a policy rate cut in June and a gradual hike in rates towards 2017. We expect...
Bank of Thailand expected to refrain from more easing
Jun 07, 2015 22:45 pm UTC| Commentary
The Bank of Thailand (BoT) will hold its regular meeting on 10 June. It will likely keep the policy rate on hold at 1.50%. The expectation is based on the following key factors: Recent weakness in the Thai baht (THB)...
Kenya – Central Bank Rate likely to be hiked by 100bps
Jun 07, 2015 22:07 pm UTC| Commentary
Recent Kenyan shilling (KES) weakness and higher inflation have started to affect business confidence in Kenya. Inflation rose much faster than expected to 7.1% y/y in April from 5.6% in March.It decelerated slightly to...
China's inflation likely eased again in May
Jun 07, 2015 21:52 pm UTC| Commentary
Chinas inflation likely eased again in MayChinas CPI inflation is expected to have eased again to 1.3% y/y (-0.1% m/m) in May from 1.5% in April. Food prices likely dropped 0.8% m/m (-0.96% in April) on lower vegetable,...
Jun 07, 2015 21:22 pm UTC| Commentary
Westpac Research notes:Australian 3yr government bond (futures) yields initially followed the US moves but then retraced. The 3yr yield rose from 2.10% to 2.19% but quickly returned to 2.11%, while the 10yr yield bounced...
Jun 07, 2015 21:21 pm UTC| Commentary
Westpac Research notes:US 10yr treasury yields rose from 2.32% to 2.44% - an eight-month high - following the US payrolls data and then consolidated during the remainder of the NY session. The 2yr yield jumped from 0.67%...
Jun 07, 2015 21:20 pm UTC| Commentary
Westpac Research notes:AUD/NZD 1 day: Rangebound between 1.0770 and 1.0860.AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing risk), while the RBNZ has a conditional easing bias. Expected RBA vs...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects