BoJ is expected to leave monetary policy steady today
May 21, 2015 23:28 pm UTC| Commentary
The Bank of Japan is expected to leave monetary policy steady today. Going forward, the BoJ has set the hurdle very high for easier policy and it is noted that political pressure is also abating."We suggest that an...
SARB was unchanged at 5.75% overnight
May 21, 2015 23:20 pm UTC| Commentary
South African Reserve Bank was expected to be unchanged despite an improvement in headline inflation. Everyone expects this headline inflation theme to wane very quickly and this is the reason for a hawkish bias at the...
Japan's trade balance likely turned negative again in April
May 21, 2015 22:48 pm UTC| Commentary
Japan will release April trade data on 25 May. Exports and imports are expected to have grown 5% and 1.5% y/y. The trade balance likely turned to a deficit of JPY 504bn from the March surplus of JPY 227.4bn.Exports to the...
Taiwan – Slower IP growth expected in April on weak export sales
May 21, 2015 22:13 pm UTC| Commentary
Taiwan is scheduled to release April industrial production (IP) data on 25 May. April IP growth likely slowed to 1.2% y/y from 6.49% in March - marking the softest monthly y/y gain since early 2014 on weak external...
Singapore – Prices may have continued to fall in April
May 21, 2015 21:41 pm UTC| Commentary
Singapore will announce April inflation numbers on 25 May. The headline number is expected to remain in deflation territory for the sixth consecutive month at -0.3% y/y, similar to the March reading.Transport and housing...
Canada - A flat GDP growth expected in Q1-2015; still see a Q2 contraction
May 21, 2015 21:24 pm UTC| Commentary
Canadas economy is slowing as headwinds from the oil-price shock persist. Q1 GDP growth (released on 29 May) is expected to have been flat q/q, slowing from 2.4% in Q4.GDP growth for January and February was -0.2% m/m and...
Asia manufacturing data to remain a mixed bag
May 21, 2015 21:10 pm UTC| Commentary
Manufacturing data in Asia could remain a mixed bag. In Taiwan, industrial production (IP) slowed to 1.2% y/y in April - the softest since early 2014 - from 6.5% in March.Singapores April manufacturing activity could have...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects