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...
US soft economic data and position clearing may keep USD in check
Apr 19, 2015 20:48 pm UTC| Commentary
US economic activity and hiring were impacted by adverse weather conditions in Q1, exerting downward pressures on UST yields and the USD. However, there are signs of an imminent recovery in Q2.The latest Fed Beige book has...
Property market correction remains the key headwind to China's economic outlook
Apr 17, 2015 18:33 pm UTC| Commentary
Chinas real estate investment slowed to 8.5% y/y in Q1, down from 10.5% in December 2014, despite a slight pickup in March. Residential and commercial real estate investment growth declined markedly to 5.9% and 18.2% in...