Apr 06, 2015 15:28 pm UTC| Commentary
USD/CADs last week selloff has brought the pair toward the bottom of the 10-week range, which provides a solid risk/reward trading opportunity in spot"A likely soft tone to key data and oil prices still within the 2015...
US ISM non-manufacturing index points to strong economy
Apr 06, 2015 14:49 pm UTC| Commentary
The modest decline in the ISM non-manufacturing index to 56.5 in March, from 56.9, still leaves it at a level that has historically been consistent with GDP growth of about 3% annualised. The new orders index also...
BoK will probably keep base rate on hold
Apr 06, 2015 08:32 am UTC| Commentary
Bank of Korea cut the rate unexpectedly in March, in response to other central banks policy moves and on a slower recovery in consumption and exports.It is believed the BoK will be data-driven from now. Last months policy...
BoJ likely to keep rates on hold at 7-8 April meeting but ease on 30 April
Apr 06, 2015 08:28 am UTC| Commentary
The Bank of Japan (BoJ) is expected to hold its two-day monetary policy meeting on 7-8 April and announce its policy decision on 8 April."We do not expect any policy action on 8 April, but believe it will ease further at...
RBI to leave policy rate unchanged at 7.5%
Apr 06, 2015 08:25 am UTC| Commentary
The Reserve Bank of India (RBI) is expected to leave the policy rate unchanged at 7.5% at its 7 April policy meeting, based on its statement after the inter-meeting rate cut in March.The central bank is unlikely to have...
Credit growth likely slid again in March
Apr 06, 2015 07:50 am UTC| Commentary
China is scheduled to release March monetary data from 10-15 April. The credit growth has slowed as banks remain cautious about lending given their concerns regarding rising NPLs and as credit demand from corporates...
China inflation to have moderated after the Lunar New Year
Apr 06, 2015 07:38 am UTC| Commentary
China will release March inflation data on 10 April and is likely moderated on the falling prices of food after the Lunar New Year holiday."The March CPI inflation is seeing at 1.3% y/y from 1.4% in February as fresh...
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