Potential growth important for Euro area bond yields

Jun 01, 2015 06:10 am UTC| Commentary

Bond yields have been driven by ECB flows in 2015 and it seems evident that fundamentals have had a limited effect in market developments so far. However, with an expected sharp rise in inflation in Q4 and very low...

US manufacturing sector bouncing off the bottom

Jun 01, 2015 05:42 am UTC| Commentary

USs factory activity appears to have stabilized after slowing sharply at the start of the year. However, it is premature to expect a significant rebound. Regional Fed surveys released so far this month paint a very mixed...

US's personal consumption kicks off Q2 with weak momentum

Jun 01, 2015 05:27 am UTC| Commentary

The reported April pullback in auto sales combined with disappointing retail activity suggest that USs consumer spending was very soft at the start of the spring quarter. The BEA is likely to report this week that personal...

Euro area – May CPI likely ticked up to 0.1% y/y

Jun 01, 2015 05:14 am UTC| Commentary

The May euro-area CPI inflation rate release, due on Tuesday, is likely to have accelerated to 0.1% y/y from 0.0% prior. Core CPI likely remained unchanged at 0.6% y/y, says Standard Chartered. Headline CPI moved out of...

RBA likely to pause rate cuts from June

Jun 01, 2015 05:10 am UTC| Commentary

Monetary Policy Committee (MPC) of the Reserve Bank of Australia (RBA) to hold a meeting on 5 June. The bank may leave the policy cash rate unchanged at 2.00%, expects Standard Chartered. It will maintain an easing bias,...

Thailand – Inflation likely bottomed out in May

Jun 01, 2015 05:01 am UTC| Commentary

Thailand will release May CPI data on 2 June. A negative inflation for a fifth consecutive month is likely at 1.29% y/y, mainly due to lower global oil prices, expects Standard Chartered. However, inflation is seemed to...

RBI likely to ease monetary policy and repo rate may 7.25%

Jun 01, 2015 04:56 am UTC| Commentary

The Reserve Bank of India (RBI) is likely to reduce its repo rate 25bps to 7.25% in its meeting on 2 June. It last reduced the rate in an inter-meeting move in March. CPI inflation remained subdued at 4.87% y/y in April....