EC Survey suggests Greek crisis is dampening sentiment

Apr 29, 2015 09:44 am UTC| Commentary

The European Commissions monthly Business and Consumer survey for April echoed the message from some other recent surveys that the crisis in Greece might be starting to constrain the euro-zone recovery. The slight fall in...

Trend of weaker yen and lower yields to continue, but watch for the risk of JGB operation failing

Apr 29, 2015 06:35 am UTC| Commentary

The potential for JGB sales by public institutions makes it unlikely that QQE will become unsustainable at least for another year. In an environment of low interest rates, low liquidity, and a growing JGB portfolio at the...

Trend of weaker yen and lower yields to continue, but watch for the risk of JGB operation failing

Apr 29, 2015 06:32 am UTC| Commentary

The potential for JGB sales by public institutions makes it unlikely that QQE will become unsustainable at least for another year. In an environment of low interest rates, low liquidity, and a growing JGB portfolio at the...

Trend of weaker yen and lower yields to continue, but watch for the risk of JGB operation failing

Apr 29, 2015 06:30 am UTC| Commentary

The potential for JGB sales by public institutions makes it unlikely that QQE will become unsustainable at least for another year. In an environment of low interest rates, low liquidity, and a growing JGB portfolio at the...

BoJ’s further easing, if necessary, will be qualitative

Apr 29, 2015 06:19 am UTC| Commentary

There is an argument that quantitative expansion via a significant increase in JGB purchases would be difficult, and if additional easing is required in 2015 it would likely emphasize such qualitative easing as purchase of...

Limitations of Brazil's monetary policy do not contain upside risk to inflation/rates

Apr 29, 2015 06:05 am UTC| Commentary

Nevertheless, Brazils interest rates have risen nearly high enough for the current level of inflation acceleration (assuming inflation will subside substantially next year). Yet, the fact that these rate hikes have failed...

Credit extended to Australian housing investors slows, overall credit growth still rising

Apr 29, 2015 06:02 am UTC| Commentary

There is some tentative evidence that growth in credit extended to Australias housing investors is slowing, at least on a sequential basis. On a year-on-year basis, the rate is likely to rise for another month or two, says...