May 15, 2015 12:48 pm UTC| Commentary
AUD-USD and NZD-USD have recently come off their lows as the USD consolidation takes place. AUD-USD has pushed above 0.80, rising 7.5% since the start of April.NZD-USD has followed suit, albeit not to the same extent. This...
German business sentiment to soften on fears for Greece
May 15, 2015 12:45 pm UTC| Commentary
The Ifo Business Climate Indicator may follow other indicators like the PMI and ZEW economic sentiment down this month. The Ifo has been among the most positiveindicators of German economic conditions of late and its...
Higher oil prices and Greece concerns to have weighed on euro-zone activity
May 15, 2015 12:41 pm UTC| Commentary
The euro-zone composite PMI may have nudged down in May, as the partial rebound in oil prices and concerns about Greece weighed on activity. The composite PMI fellfor the first time in five months in April.Admittedly, at...
UK experiences negative inflation, but for one month only
May 15, 2015 12:38 pm UTC| Commentary
Tuesdays inflation figures look set to show that the UK slipped into deflation in April. But this is likely to have largely reflected the timing of Easter this year compared to last. Since the oil price has rebounded and...

Lower commodity prices to weigh negatively on AUD, NZD
May 15, 2015 12:34 pm UTC| Commentary
Commodity prices are extremely low relative to a few years ago and this will continue to weigh negatively on the AUD and NZD in the months to come. The chart shows the commodity indices of both the RBA and ANZ, indexed to...
Philippine's remittances pay back January-February weakness
May 15, 2015 10:22 am UTC| Commentary
Philippines remittances recovered further in March, better than consensus and even our above-consensus forecast. The rebound represents a further recovery from the weakness seen in January, which was likely affected by...
Shift in sentiment on the oil market
May 15, 2015 10:01 am UTC| Commentary
Are we about to see a shift in sentiment on the oil market? One might be forgiven for gaining this impression considering the (lack of) response to the news which in the past would usually have sparked rising prices. Take...