Flash Euro area HICP inflation likely at 0.2% yoy for May
Jun 01, 2015 00:23 am UTC| Commentary
Flash euro area HICP inflation is expected to print at 0.2% yoy in May on higher energy prices. Oil prices rose rapidly in March and remained range-bound in May.The pass-through effect that was expected in the April data...
Euro area final April manufacturing PMI to decrease from the flash estimate
May 31, 2015 23:56 pm UTC| Commentary
The final estimate of the manufacturing index should print at 51.9 in May, slightly lower than the flash estimate of 52.3, decreasing from the level in April (52.0).The softening in the manufacturing PMI is due to...
US manufacturing sector bouncing off the bottom
May 31, 2015 23:41 pm UTC| Commentary
Factory activity appears to have stabilized after slowing sharply at the start of the year. However, it is premature to expect a significant rebound. Regional Fed surveys released so far this month paint a very mixed...
May 31, 2015 22:14 pm UTC| Commentary
Westpac Research notes:The 10 year US treasury note closed 1bp lower at 2.12% but had probed as low as 2.09% in yield before a late move. The 2yr T-note yield slipped from 0.63% to 0.605%. A newswire Fed source story...
May 31, 2015 22:11 pm UTC| Commentary
Westpac Research notes:AUD/NZD 1 day: After a steep gain Friday, the pair should consolidate with the 1.07 handle.AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing risk), while the RBNZ has a...
May 31, 2015 22:10 pm UTC| Commentary
Westpac Research notes:NZD/USD 1 day: The 0.7175-0.7190 support area has given way easily, which should cap the NZD longer term. Most eyes will now turn to 0.70 though consolidation around 0.71 should be in order today at...
May 31, 2015 22:10 pm UTC| Commentary
Westpac Research notes:AUD/USD 1 day: 0.7550 to 0.7750 should capture most trade near term, with some whippy trade as the Aussie negotiates a very busy local calendar this week.AUD/USD 1-3 month: Eventual resumption of the...
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