US existing home sales to rise to highest levels since December
Apr 20, 2015 00:19 am UTC| Commentary
US home resale activity stalled in recent months, in part driven by unseasonably cold weather. Pending home sales, a reliable leading indicators of existing sales, suggest that resale activity increased in March.Pending...
Australia's CPI is out on Wednesday
Apr 19, 2015 23:42 pm UTC| Commentary
Australias CPI is out on Wednesday. Lower fuel prices should help offset unfavorable Q1 seasonals to see a headline CPI rate of 0.2%q/q, 1.3%y/y.In underlying terms, whilst the broad rise in the price of tradable goods...
BoE’s MPC Minutes are out on Wednesday
Apr 19, 2015 23:17 pm UTC| Commentary
The BoEs MPC Minutes are out on Wednesday. This is the only time we will hear from the MPC during the election campaign.GBP had come off its peak by the time of the April meeting but that will have offered little comfort...
Malaysia inflation likely to increase from April
Apr 19, 2015 22:38 pm UTC| Commentary
Malaysia will release March inflation data on 22 April. Inflation is expected to have increased to 0.8% y/y, up from 0.1% a month ago.Inflation likely edged up due to higher gasoline prices. RON 95 prices rose to MYR...
March may show Japan's first monthly trade surplus in 33 months
Apr 19, 2015 22:10 pm UTC| Commentary
Japan will release March trade data on 22 April. March is expected to mark Japans first monthly trade surplus of JPY128.2bn since June 2012.However, the gains will likely have been due to a slowdown in imports. Imports are...
Hong Kong CPI inflation likely eased modestly
Apr 19, 2015 21:36 pm UTC| Commentary
Hong Kong will announce March CPI inflation on 21 April. Headline inflation is expected to have eased moderately to 4.5% y/y from 4.6% prior.Food and housing - which together account for almost 60% of the CPI weighting...
Greece remains fragile and EUR likely to be negatively impacted
Apr 19, 2015 21:14 pm UTC| Commentary
Market sentiment towards Greece remains fragile and EUR is likely to be negatively impacted as political uncertainty persists.The cash troubles for Greece are likely to remain in the coming weeks despite the previous weeks...
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