May 31, 2015 22:09 pm UTC| Commentary
Westpac Research notes:AU swap yields 1 day: Yields should stay heavy in the ongoing wake of the dismal CAPEX data, though the busy data calendar this week should be mixed rather than dramatically negative.AU swap yields...
May 31, 2015 22:07 pm UTC| Commentary
Westpac Research notes:NZ swap yields 1 day: Yields should reopen from the long weekend at the lower end of recent ranges.NZ swap yields 1-3 month: Short maturity NZ interest rates are likely to remain depressed during the...
India - A 25bps repo-rate cut is likely on 2 June
May 31, 2015 21:37 pm UTC| Commentary
The Reserve Bank of India (RBI) is expected 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....
Euro area – May CPI likely ticked up to 0.1% y/y
May 31, 2015 21:30 pm UTC| Commentary
The May euro-area CPI inflation rate release, due on Tuesday, is expected to have accelerated to 0.1% y/y from 0.0% prior. Core CPI likely remained unchanged at 0.6% y/y.Headline CPI moved out of negative territory in...
Thailand – Inflation likely bottomed out in May
May 31, 2015 21:24 pm UTC| Commentary
Thailand will release May CPI data on 2 June. Negative inflation is expected for a fifth consecutive month of 1.29% y/y, mainly due to lower global oil prices.However, It is believed that the inflation has bottomed out, as...
Australia - RBA on hold with easing bias
May 31, 2015 21:04 pm UTC| Commentary
After cutting rates to a record low of 2% in May, the RBA is expected to keep the cash rate steady in June. The RBA has an easing bias, reflecting its forecast profile, where the average underlying inflation rate over 2016...
CAD - Labour market data in focus
May 31, 2015 20:57 pm UTC| Commentary
The CAD lost almost 2% versus the USD last week with disappointing Canadian Q1 economic growth underscoring the currency weakness.This week, labour market data on Friday will be closely watched. The market is forecasting...
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