May 17, 2015 20:31 pm UTC| Commentary
Westpac Research notes:Australian 3yr government bond yields followed suit and fell from 2.08% to 2.03% while the 10yr yield fell from 2.90% to 2.83...
May 17, 2015 20:29 pm UTC| Commentary
Westpac Research notes:AUD/NZD 1 day: Still consolidating the recent sharp rally, contained by 1.0700-1.0800.AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing risk), while the RBNZ has a...
May 17, 2015 20:28 pm UTC| Commentary
Westpac Research notes:NZD/USD 1 day: On a less-positive footing than AUD/USD and probably contained by 0.7400-0.7500.NZD/USD 1-3 month: Multi-week NZD/USD could easily rise beyond 0.7600, driven by mixed readings on the...
May 17, 2015 20:27 pm UTC| Commentary
Westpac Research notes:AUD/USD 1 day: The multi-week uptrend remains intact, thanks mainly to a weaker US dollar. We target above 0.8060 today.AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend should...
May 17, 2015 20:25 pm UTC| Commentary
Westpac Research notes:AU swap yields 1 day: The 2yr should open around 2.12% while the 10yr should open around 3.14%.AU swap yields 1-3 month: Yields are starting to reverse lower with the continuation of the US economic...
May 17, 2015 20:24 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 down 2bp at 3.36% while the 10yr should open down 4bp at 3.95%.NZ swap yields 1-3 month:...
Big gain in Canadian manufacturing volumes an encouraging sign for March GDP
May 15, 2015 19:34 pm UTC| Commentary
Canadian manufacturing sales surged 2.9% in March, reversing a good chunk of the 5.2% drop in the prior two months and the best gain in nearly four years-Februarys drop was revised to -2.2% from -1.7% initially. The...