RBI likely to leave policy rate unchanged at its 7 April policy meeting
Apr 03, 2015 15:46 pm UTC| Commentary
Reserve Bank of India (RBI) is likely 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 gathered...
China credit growth likely slid again in March
Apr 03, 2015 15:27 pm UTC| Commentary
China is scheduled to release March monetary data from 10-15 April. Chinas credit growth has slowed as banks remain cautious about lending given their concerns regarding rising NPLs and as credit demand from corporates...
China inflation probably moderated after the Lunar New Year
Apr 03, 2015 15:13 pm UTC| Commentary
China will release March inflation data on 10 April.Standard Chartered notes as follows: We expect CPI inflation to have moderated to 1.3% y/y from 1.4% in February as prices of food, especially fresh vegetables and...
RBA likely to maintain cash rate at 2.25% in a close call
Apr 03, 2015 14:59 pm UTC| Commentary
The Reserve Bank of Australia (RBA) is likely to keep the policy cash rate on hold at 2.25% at the Monetary Policy Committee (MPC) meeting on 7 April. The central bank kept rates unchanged in March, surprising the markets....
One month of poor data may not be enough to change the Fed's mind
Apr 03, 2015 14:50 pm UTC| Commentary
Weakness in payrolls was bound to happen. US job growth has been running at a stupendous pace over the last several months, increasingly out of tune with other economic indicators, which have pointed to a slowdown. The...
Unexpected weakness in US payrolls most probably another temporary blip
Apr 03, 2015 14:25 pm UTC| Commentary
Payrolls are always volatile even at the best of times and we are coming off a run of almost unbelievably strong employment growth stretching back to last summer.All the other labour market indicators suggest that labour...
Earnings growth was the solid spot in today's NFP report
Apr 03, 2015 14:09 pm UTC| Commentary
Nonfarm payrolls were much softer than expected in March, rising only 126k against consensus (245k) expectations for a stronger print. There were also net downward revisions of 69k to the previous months of payrolls,...
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