May 27, 2015 20:19 pm UTC| Commentary
Westpac Research notes:AU swap yields 1 day: The 2yr should open around 2.14% while the 10yr should open around 3.14%.AU swap yields 1-3 month: Yields are starting to reverse lower with the continuation of the US economic...
May 27, 2015 20:18 pm UTC| Commentary
Westpac Research notes:NZ swap yields 1 day: Given the movement in interest rates in key markets overnight, the NZ 2yr should open unchanged at 3.39% while the 10yr should open down 1bp at 3.99%.NZ swap yields 1-3 month:...
US and GER 10yr yields top out
May 27, 2015 18:48 pm UTC| Commentary
BofA Merrill Lynch:Yesterdays SP500 weakness helped 10yr Treasury yields complete their three-week Head-and-Shoulders Top, with the close below the formations neckline at 2.171%. With the SP500 vulnerable to further...
USD/CAD on track for new highs
May 27, 2015 18:39 pm UTC| Commentary
BofA Merrill Lynch:We reiterate our bullish US $ view. Looking at both the US $ Index and USD/CAD, both have made impulsive breaks of key medium-term resistance levels (96.46/95.81 in DXY and 12406/1.2353 in $/CAD,...
Retail sales in Japan probably rebounded in April
May 27, 2015 18:06 pm UTC| Commentary
A rebound in retail sales in April (00.50 BST) looks very likely following the outsized 1.9% m/m plunge in March, and Capital Economics have pencilled in a 1.0% m/m rise.Meanwhile, the annual rate should have jumped into...
Euro-zone economic sentiment index set to have edged down in May
May 27, 2015 17:59 pm UTC| Commentary
Euro-zone ECs Economic Sentiment Indicator (10.00 BST) probably edged down again in May. There are already signs that the strengthening of the euro, slight rise in oil prices and continued Greek crisis have hindered...
Odds of another BoC rate cut coming as soon as July have diminished
May 27, 2015 17:37 pm UTC| Commentary
As expected, the Bank of Canada held its key policy rate at 0.75% on Wednesday.The policy statement showed that the Bank is still confident in its earlier assessment that, after a brief slump in Q1, the economic recovery...
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