Malaysia's trade balance likely improved on lower import growth
Jun 03, 2015 21:47 pm UTC| Commentary
Malaysias trade balance likely improved on lower import growthMalaysia will release April trade data on 5 June. Exports are expected to have dropped 2.7% y/y. Exports grew 2.3% y/y in March, but fell 2.5% y/y in...
European Central Bank Keeps Rates Unchanged as expected
Jun 03, 2015 21:20 pm UTC| Commentary
The European Central Bank policy on hold. There was nothing dramatically new in the statement. In the subsequent press conference ECB chief Draghi remained adamant that the quantitative easing program would remain in place...
US ISM non-manufacturing index fell by 2.1 points in May
Jun 03, 2015 21:09 pm UTC| Commentary
US ISM non-manufacturing fell from 57.8 to 55.7 in May, its weakest since April last year with new business activity, orders and jobs all recording slower growth in the month.2015 is shaping up like 2010-11-12-13 in that...
Jun 03, 2015 20:54 pm UTC| Commentary
Westpac Research notes:US 10yr treasury yields rose from 2.26% to 2.39% - a seven-month high - despite the US non-manufacturing ISM report...
Jun 03, 2015 20:53 pm UTC| Commentary
Westpac Research notes:Australian 3yr government bond (futures) yields followed the offshore moves. The 3yr yield rose from 2.05% to 2.14% while the 10yr yield rose from 2.90% to...
Jun 03, 2015 20:52 pm UTC| Commentary
Westpac Research notes:AUD/NZD 1 day: Heading towards 1.1000, markets expecting a dovish outcome from the RBNZ on 11 June.AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing risk), while the RBNZ...
Jun 03, 2015 20:51 pm UTC| Commentary
Westpac Research notes:NZD/USD 1 day: Stuck between 0.7100 and 0.7200.NZD/USD 1-3 month: Multi-month, we expect the US dollar uptrend to resume with stronger US data in Q2 and Q3 and therefore expect NZD/USD to fall, the...