China's export and import growth likely remained negative in May
Jun 04, 2015 22:51 pm UTC| Commentary
Chinas key economic releases for May is expected to provide further evidence of stabilisation. May PMIs suggest that downward growth momentum is slowing.More monetary policy easing is required. Easing measures are likely...
Germany – Industrial production may have edged up
Jun 04, 2015 22:06 pm UTC| Commentary
German industrial production (IP), out on 8 June,expected to have risen 0.1% m/m (up 0.6% y/y) in April (consensus expects 0.6% m/m, 0.9% y/y), after a decline of 0.5% m/m (+0.1% y/y) in March.Industrial production has...
Taiwan – May trade surplus likely rose as imports fell faster than exports
Jun 04, 2015 21:59 pm UTC| Commentary
Taiwan is scheduled to release the latest trade data on 8 June. The exports are likely 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 overseas demand...
Japan – Q1 GDP likely revised higher; C/A balance remained strong
Jun 04, 2015 21:50 pm UTC| Commentary
Japan will release final Q1 GDP data on 8 June. Q1 GDP is expected to be revised slightly higher to 0.7% q/q on a seasonally adjusted basis (2.6% annualised) versus the preliminary reading of 0.6% q/q (2.4% annualised).Q1...
Jun 04, 2015 20:17 pm UTC| Commentary
Westpac Research notes:US 10yr treasury yields fell from 2.42% (eight-month high) to 2.30%. US productivity data for Q1 disappointed, and Fed permanent voter Tarullo was unusually dovish, suggesting some of the Q1 weakness...
Jun 04, 2015 20:16 pm UTC| Commentary
Westpac Research notes:Australian 3yr government bond (futures) yields fell from 2.16% to 2.04% while the 10yr yield fell from 3.10% to...
Jun 04, 2015 20:15 pm UTC| Commentary
Westpac Research notes:AUD/NZD 1 day: Yesterdays sharp fall possibly marks the start of a correction of the rally which started in early April.AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing...
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