Bank Indonesia is expected to keep the BI rate unchanged in June
Jun 16, 2015 22:59 pm UTC| Commentary
Bank Indonesia (BI) will hold its monthly policy meeting on 18 June. BI is expected to keep the BI rate at 7.50%, the BI overnight deposit facility (FASBI) rate at 5.75%, and the BI overnight lending facility (repo) rate...
New Zealand Q1 GDP growth likely remained robust at 0.8% q/q
Jun 16, 2015 22:33 pm UTC| Commentary
Statistics New Zealand is scheduled to release Q1-2015 GDP data on 18 June. GDP growth is expected to have remained robust at 3.3% y/y (0.8% q/q), slightly slower than the 3.5% y/y growth in Q4-2014.A further drop in dairy...
Jun 16, 2015 20:31 pm UTC| Commentary
Westpac Research notes:Australian 3yr government bond (futures) yields ranged between 2.04% and 2.07%, while the 10yr yield ranged between 3.01% and...
Jun 16, 2015 20:30 pm UTC| Commentary
Westpac Research notes:US 10yr treasury yields probed the recent low at 2.31%. US house building data was mixed and had little impact, the looming FOMC announcement the primary...
Jun 16, 2015 20:29 pm UTC| Commentary
Westpac Research notes:AUD/NZD 1 day: Finding the 1.1120 level tough to breach.AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing risk), while the RBNZ is currently in easing mode. Expected RBA vs...
Jun 16, 2015 20:28 pm UTC| Commentary
Westpac Research notes:NZD/USD 1 day: Still consolidating at a multi-year low between 0.6940 and 0.7930.NZD/USD 1-3 month: Multi-month, we expect the US dollar uptrend to resume with stronger US data in Q2 and Q3 and...
Jun 16, 2015 20:27 pm UTC| Commentary
Westpac Research notes:AUD/USD 1 day: Still stuck in a 0.7700-0.7800 range.AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend should weigh on the AUD during the next few months. The next major downside...
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