BoC maintains status quo in line with expectations
May 27, 2015 21:22 pm UTC| Commentary
The Bank of Canada (BoC) maintained a very status quo neutral message, very much in line with expectations. The brief statement noted a couple of times that not much has changed since the April MPR, and in particular that...
Q1 capex report is the main event in Australia this week
May 27, 2015 20:52 pm UTC| Commentary
This mornings Q1 capex report is the main event in Australia this week. The economists expect the report should maintain the soft tone from Q4, including mining capex plans that could again be revised lower and a...
May 27, 2015 20:24 pm UTC| Commentary
Westpac Research notes:US 10yr treasury yields took a round trip from 2.13% to 2.17% and back, while the 2yr ranged between 0.64% and 0.66%. A 5yr auction went well enough, awarded at market...
May 27, 2015 20:23 pm UTC| Commentary
Westpac Research notes:Australian 3yr government bond (futures) yields were steady in a 2.03%-2.05% range, while the 10yr yield rose from 2.83% to 2.86% before...
May 27, 2015 20:22 pm UTC| Commentary
Westpac Research notes:AUD/NZD 1 day: The downward correction continues towards 1.0600.AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing risk), while the RBNZ has a conditional easing bias....
May 27, 2015 20:21 pm UTC| Commentary
Westpac Research notes:NZD/USD 1 day: The decline continues with the 0.7175-0.7190 area the immediate target.NZD/USD 1-3 month: Multi-month, we expect the US dollar uptrend to resume with stronger US data in Q2 and Q3 and...
May 27, 2015 20:20 pm UTC| Commentary
Westpac Research notes:AUD/USD 1 day: The decline continues but the 0.7600-0.7700 area has previously proved to be quite sticky. US dollar strength remains the main factor.AUD/USD 1-3 month: Eventual resumption of the...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects