May 18, 2015 20:22 pm UTC| Commentary
Westpac Research notes:AUD/USD 1 day: The multi-week uptrend stalled last night, thanks to a stronger US dollar, and targets sub-0.7980 today. AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend should...
May 18, 2015 20:21 pm UTC| Commentary
Westpac Research notes:AU swap yields 1 day: The 2yr should open around 2.18% while the 10yr should open around 3.24%.AU swap yields 1-3 month: Yields are starting to reverse lower with the continuation of the US economic...
May 18, 2015 20:20 pm UTC| Commentary
Westpac Research notes:NZ swap yields 1 day: Given the movements in interest rates in key markets overnight, the NZ 2yr should open up 2bp at 3.38% while the 10yr should open up 4bp at 3.97%.NZ swap yields 1-3 month: Short...
Commodity markets stage a comeback
May 18, 2015 18:43 pm UTC| Commentary
Energy and industrial metals prices have risen strongly since the middle of April, buoyed by further weakness in the US dollar and improved investor sentiment. Crude oil prices have also been supported by falls in US oil...
Russian economy shrinks much less than expected
May 18, 2015 18:17 pm UTC| Commentary
Russias GDP shrank 1.9% y/y in Q1 15, according to the countrys statistical service Rosstat, far better than consensus (-2.6% y/y). Russias ministry for economic development expected a 2.2% y/y fall.The freely floating...
Would a referendum end the Greek crisis?
May 18, 2015 17:48 pm UTC| Commentary
According to Capital Economics, a public referendum could help to break the current deadlock between Greece and its creditors. But it might only be a short-term solution and much could depend on its precise purpose and...
UK producer prices to suggest that price pressures are no longer easing
May 18, 2015 17:35 pm UTC| Commentary
Producer prices figures (09.30 BST) may provide some further evidence to suggest that price pressures are no longer easing. Sterling oil prices rose by 5.8% in April, following a 0.5% fall in March.On the basis of past...
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