Australia – RBA likely to pause rate cuts from June

Jun 01, 2015 02:24 am UTC| Commentary

The Reserve Bank of Australia (RBA) is expected to leave the policy cash rate unchanged at 2.00% in the Monetary Policy Committee (MPC) meeting on 5 June.It is believed that it will maintain an easing bias, which it...

Brazil -Industrial production downslide to continue in Q2

Jun 01, 2015 02:06 am UTC| Commentary

Industrial production (IP) contracted 5.9% yoy (-2.4% qoq) in Q1 - the worst decline in IP in nearly six years. Moreover, the pace of contraction has risen over past couple of quarters and, given the shape of domestic and...

Taiwan - Core CPI inflation to weaken further in May

Jun 01, 2015 01:17 am UTC| Commentary

The headline CPI inflation probably remained negative at -0.8% yoy in May, unchanged from April. A strong negative base effect was mainly to blame. In mom terms, food price inflation is likely to soften on lower vegetable...

German unemployment expected to have fallen by 11K in May

Jun 01, 2015 01:10 am UTC| Commentary

The number of unemployed in Germany in May is expected to have declined by 11 thousand, following a drop of 8K thousand in April.The unemployment rate is expected to remain stable at its historical low of 6.4%. The outlook...

Flash German HICP inflation expected at 0.6% yoy in May

Jun 01, 2015 00:40 am UTC| Commentary

German flash HICP inflation should print at 0.6% yoy in May after reading 0.3% in April. The biggest driver of the recovery in consumer prices is again likely to be rising energy prices.However, the rise in energy prices...

Flash Euro area HICP inflation likely at 0.2% yoy for May

Jun 01, 2015 00:23 am UTC| Commentary

Flash euro area HICP inflation is expected to print at 0.2% yoy in May on higher energy prices. Oil prices rose rapidly in March and remained range-bound in May.The pass-through effect that was expected in the April data...

Euro area final April manufacturing PMI to decrease from the flash estimate

May 31, 2015 23:56 pm UTC| Commentary

The final estimate of the manufacturing index should print at 51.9 in May, slightly lower than the flash estimate of 52.3, decreasing from the level in April (52.0).The softening in the manufacturing PMI is due to...