Turkey’s central bank likely to use non-interest-rate tools to ease policy
Apr 17, 2015 00:15 am UTC| Commentary
In the face of the Turkish liras (TRY) historical lows, Turkeys central bank (CBRT) should continue its policy of tightening liquidity and tweaking technical tools to improve the attractiveness of TRY deposits versus the...
Inflation pressures remain benign in Asia
Apr 16, 2015 23:44 pm UTC| Commentary
Chinas authorities are expected to respond to the growth slowdown by further monetary stimulus over the next two quarters.In the rest of Asia, there is also no sign that lower oil prices are prompting a growth surge;...
Apr 16, 2015 23:30 pm UTC| Commentary
The drop in oil prices since H2-2014 has, so far, provided a limited boost to output growth in the worlds two largest economies.Chinas GDP growth continued to moderate in Q1-2015 and US data prints have largely...
Canada: CPI and retail sales two top tier data releases Tonight
Apr 16, 2015 23:04 pm UTC| Commentary
Tonight we get two top tier data releases in Canada: CPI and retail sales. A still-firm, but on-consensus CPI report is expected (RBC: core 2.1%y/y, cons: 2.1%), and considering the BoC seems to be more focused on activity...
US CPI inflation data likely to support the Fed’s ‘no rush’ view
Apr 16, 2015 22:42 pm UTC| Commentary
US March CPI inflation data (08:30 ET, Friday) will be monitored closely for clues about the timing of the first Fed rate hike.In a 15 April interview, Fed Vice Chair Stanley Fischer said the Fed would like to see growth...
Malaysia's inflation to increase from April
Apr 16, 2015 22:08 pm UTC| Commentary
Malaysia will release March inflation data on 22 April. Inflation is expected to increase to 0.8% y/y in March, up from 0.1% a month ago.Inflation likely edged up due to higher petrol prices. RON 95 prices rose to MYR 1.95...
Taiwan export orders likely supported by rising tech demand
Apr 16, 2015 21:57 pm UTC| Commentary
Taiwan is scheduled to release March export orders data on 20 April. Tech orders are expected to have seen double-digit growth in March amid rising demand for the latest mobile gear and technology.This should alleviate...