BoE minutes likely to show unanimous rate decision in April
Apr 20, 2015 23:31 pm UTC| Commentary
The minutes of the meeting (released on 22 April), will likely show that policy makers have different views on the near-term outlook for monetary policy.Headline inflation remained flat at 0.0% y/y for the second month in...
Singapore inflation likely decreased further in March
Apr 20, 2015 23:06 pm UTC| Commentary
Singapore releases March inflation numbers on 23 April. On a seasonally adjusted m/m basis, inflation likely decreased to -0.1%. Singapores current path of disinflation is temporary.Housing inflation likely continued to...
Australia's Q1 inflation likely lower at 1.3% y/y
Apr 20, 2015 22:32 pm UTC| Commentary
Australia is scheduled to release Q1-2015 CPI data on 22 April. Headline CPI inflation is expected to have fallen mildly to 1.3% y/y (0.2% q/q).Trimmed mean inflation likely dropped moderately as well, both on slowing...
RBA Minutes, the highlight today
Apr 20, 2015 22:23 pm UTC| Commentary
The RBA Minutes are the highlight today, and there is little else on the calendar. Recall that the message from the April RBA meeting contained a clear easing bias, so the focus for todays Minutes will be on any clarity...
Risk of the first US rate hike being pushed out to Q4 has increased
Apr 20, 2015 18:51 pm UTC| Commentary
Further signs that US economic activity weakened in Q1 and the increasing likelihood that the start of policy tightening will be delayed until at least September have resulted in a fall in the US dollar over the past month...
Fall in US shale output likely to deepen in May
Apr 20, 2015 18:25 pm UTC| Commentary
The EIAs monthly Drilling Productivity Report projected that m/m output in the six main shale oil areas would fall by 57 thousand barrels per day (kb/d) in May. It also revised April output to a 2kb/d m/m fall from a small...
US crude oil inventories show early signs of stabilisation
Apr 20, 2015 18:15 pm UTC| Commentary
The EIAs Weekly Petroleum Status Report provided further fuel for a market rally based on a turn in US crude output. The report showed that total output decline by 20kb/d w/w to 9.384mb/d, the second decline in the past...
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