A quick guide to China’s interbank bond market
Jun 05, 2015 11:13 am UTC| Commentary
Chinas domestic bond market has become the worlds third-largest, after the US and Japan. By end-2014, the outstanding domestic bond market was at CNY 35tn (c.USD 5.6tn), including CNY 32.8tn (94%) in the interbank market...
Malaysia's IP may softened in April
Jun 05, 2015 11:06 am UTC| Commentary
Malaysias Department of Statistics will announce April industrial production (IP) data on 11 June. Standard Chartered forecasts, growth of 3.8% y/y in headline IP, slowing down from 6.9% y/y in March. January-March IP...
BoT likely to keep policy rates on hold
Jun 05, 2015 11:00 am UTC| Commentary
The Bank of Thailand (BoT) will hold its regular meeting on 10 June. The markets expectations for the BoTs policy rate decision are mixed. The BoT will keep its policy rate on hold at 1.50% at this meeting, based on two...
Taiwan's trade surplus likely surged in May as imports fell more than exports
Jun 05, 2015 10:56 am UTC| Commentary
Taiwan is scheduled to release the latest trade data on 8 June. Standard Chartered believes exports dropped 5.25% y/y in May, less than half the 11.7% y/y decline in April. Tech exports were likely supported by steady...
BoK expected to cut the base rate in June
Jun 05, 2015 10:43 am UTC| Commentary
The Bank of Korea (BoK) is expected to cut the base rate further to a record-low 1.50% at the Monetary Policy Committee (MPC) meeting on 11 June. Standard Chartered believes Korean policy makers are more concerned about...
South Korea May unemployment likely dropped to 3.5%
Jun 05, 2015 10:42 am UTC| Commentary
South Korea is scheduled to release May job market data on 10 June. The seasonally adjusted unemployment rate is likely to drop to 3.5% due to a rise in payrolls and a decline in job seekers, says Standard Chartered. The...
New Zealand RBNZ will likely keep the cash rate unchanged at 3.50% in June
Jun 05, 2015 10:34 am UTC| Commentary
The Reserve Bank of New Zealand (RBNZ) will announce its monetary policy decision on 11 June in a live meeting. Swap markets are pricing in a 46% chance of a 25bps rate cut. According to Standard Chartered, the cash rate...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
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IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects