BoT likely to keep policy rates on hold

Jun 05, 2015 11:00 am UTC| Commentary

The Bank of Thailand (BoT) will hold its regular meeting on 10 June. The markets expectations for the BoTs policy rate decision are mixed. The BoT will keep its policy rate on hold at 1.50% at this meeting, based on two...

Taiwan's trade surplus likely surged in May as imports fell more than exports

Jun 05, 2015 10:56 am UTC| Commentary

Taiwan is scheduled to release the latest trade data on 8 June. Standard Chartered believes exports dropped 5.25% y/y in May, less than half the 11.7% y/y decline in April. Tech exports were likely supported by steady...

BoK expected to cut the base rate in June

Jun 05, 2015 10:43 am UTC| Commentary

The Bank of Korea (BoK) is expected to cut the base rate further to a record-low 1.50% at the Monetary Policy Committee (MPC) meeting on 11 June. Standard Chartered believes Korean policy makers are more concerned about...

South Korea May unemployment likely dropped to 3.5%

Jun 05, 2015 10:42 am UTC| Commentary

South Korea is scheduled to release May job market data on 10 June. The seasonally adjusted unemployment rate is likely to drop to 3.5% due to a rise in payrolls and a decline in job seekers, says Standard Chartered. The...

New Zealand RBNZ will likely keep the cash rate unchanged at 3.50% in June

Jun 05, 2015 10:34 am UTC| Commentary

The Reserve Bank of New Zealand (RBNZ) will announce its monetary policy decision on 11 June in a live meeting. Swap markets are pricing in a 46% chance of a 25bps rate cut. According to Standard Chartered, the cash rate...

Japan's April machinery orders likely grew m/m; May CGPI may have declined

Jun 05, 2015 10:29 am UTC| Commentary

Japan will release April machinery orders (MoR) and the May domestic corporate goods price index (CGPI) on 10 June. The core MoR likely increased for the second consecutive month in April by 1.2% m/m after rebounding 2.9%...

Japan Q1 GDP likely revised higher; C/A balance remained strong

Jun 05, 2015 10:27 am UTC| Commentary

Japan will release final Q1 GDP data on 8 June. Q1 GDP is expected to be revised slightly higher to 0.7% q/q on a seasonally adjusted basis (2.6% annualised) versus the preliminary reading of 0.6% q/q (2.4% annualised),...