Thailand – Inflation likely bottomed out in May
Jun 01, 2015 05:01 am UTC| Commentary
Thailand will release May CPI data on 2 June. A negative inflation for a fifth consecutive month is likely at 1.29% y/y, mainly due to lower global oil prices, expects Standard Chartered. However, inflation is seemed to...
RBI likely to ease monetary policy and repo rate may 7.25%
Jun 01, 2015 04:56 am UTC| Commentary
The Reserve Bank of India (RBI) is likely to reduce its repo rate 25bps to 7.25% in its meeting on 2 June. It last reduced the rate in an inter-meeting move in March. CPI inflation remained subdued at 4.87% y/y in April....
Australia – RBA likely to pause rate cuts from June
Jun 01, 2015 02:24 am UTC| Commentary
The Reserve Bank of Australia (RBA) is expected to leave the policy cash rate unchanged at 2.00% in the Monetary Policy Committee (MPC) meeting on 5 June.It is believed that it will maintain an easing bias, which it...
Brazil -Industrial production downslide to continue in Q2
Jun 01, 2015 02:06 am UTC| Commentary
Industrial production (IP) contracted 5.9% yoy (-2.4% qoq) in Q1 - the worst decline in IP in nearly six years. Moreover, the pace of contraction has risen over past couple of quarters and, given the shape of domestic and...
Taiwan - Core CPI inflation to weaken further in May
Jun 01, 2015 01:17 am UTC| Commentary
The headline CPI inflation probably remained negative at -0.8% yoy in May, unchanged from April. A strong negative base effect was mainly to blame. In mom terms, food price inflation is likely to soften on lower vegetable...
German unemployment expected to have fallen by 11K in May
Jun 01, 2015 01:10 am UTC| Commentary
The number of unemployed in Germany in May is expected to have declined by 11 thousand, following a drop of 8K thousand in April.The unemployment rate is expected to remain stable at its historical low of 6.4%. The outlook...
Flash German HICP inflation expected at 0.6% yoy in May
Jun 01, 2015 00:40 am UTC| Commentary
German flash HICP inflation should print at 0.6% yoy in May after reading 0.3% in April. The biggest driver of the recovery in consumer prices is again likely to be rising energy prices.However, the rise in energy prices...
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