Malaysia GST to boost full-year inflation
May 20, 2015 21:22 pm UTC| Commentary
Malaysia will announce April inflation on 22 May. Headline CPI is expected to have risen by 2.1% y/y, versus 0.7% y/y in Q1.The acceleration in inflation is largely due to the implementation of the 6% goods and services...
UK’s export market share to EM is below its peers’
May 20, 2015 21:09 pm UTC| Commentary
The UK trails its European peers in exporting to emerging markets. Just 20% of UK goods exports go to emerging markets, compared to around 27% for the big European countries. Increasing such exports is a key step towards...
May 20, 2015 20:29 pm UTC| Commentary
Westpac Research notes:US 10yr treasury yields ranged between 2.23% and 2.28%, while the 2yr yield slipped from 0.61% to 0.58%. Fed funds futures are currently pricing the first hike to be in December. German bund yields,...
May 20, 2015 20:28 pm UTC| Commentary
Westpac Research notes:Australian 3yr government bond yields followed the US and fell from 2.14% to 2.07% while the 10yr yield fell from 2.98% to...
May 20, 2015 20:27 pm UTC| Commentary
Westpac Research notes:AUD/NZD 1 day: Stalled in a 1.0740-1.0840 range.AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing risk), while the RBNZ has a conditional easing bias. Expected RBA vs RBNZ...
May 20, 2015 20:26 pm UTC| Commentary
Westpac Research notes:NZD/USD 1 day: Looking for another test of neckline support at 0.7290. A break would be very bearish.NZD/USD 1-3 month: Multi-month, we expect the US dollar uptrend to resume with stronger US data in...
May 20, 2015 20:25 pm UTC| Commentary
Westpac Research notes:AUD/USD 1 day: Lower to 0.7850 initially, the next major target being 0.7790.AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend should weigh on the AUD during the next few months....
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