Japan's CGPI may have contracted as the sales-tax effect faded
May 13, 2015 21:47 pm UTC| Commentary
Japan will release the April domestic corporate price index (CGPI) on 15 May. It is expected to have contracted 2.1% y/y as the impact of the sales-tax hike in April 2014 faded.The CGPI (excluding the sales-tax hike) has...
May 13, 2015 21:40 pm UTC| Commentary
Euro area GDP grew 0.4% q/q. The economist nonetheless finds the data encouraging given the broad based growth. Not since 2010 have all four major European economies of Germany, France, Italy and Spain registered quarterly...
BoE’s Inflation Report marginally doveish
May 13, 2015 21:31 pm UTC| Commentary
The Bank of Englands Inflation Report was marginally doveish. Growth forecasts were revised lower significantly acrossthe forecast period (2.5% from 2.9% in 2015, 2.6% from 2.9% in 2016) but near-term inflation outlook...
May 13, 2015 20:59 pm UTC| Commentary
Westpac Research Notes:US 10yr treasury yields inexplicably bounced after the retail sales data, from 2.19% to 2.29%. The 2yr yield initially dipped 3bp but then...
May 13, 2015 20:58 pm UTC| Commentary
Westpac Research Notes:Australian 3yr government bond yields followed the offshore moves, bouncing off 2.11% to 2.17% while the 10yr yield bounced from 2.93% to...
May 13, 2015 20:52 pm UTC| Commentary
Westpac Research Notes:AUD/NZD 1 day: The next major target is 1.1000. The cross has risen 9 cents during the past month and is looking technically stretched but such stretched conditions can persist for weeks.AUD/NZD 1-3...
May 13, 2015 20:51 pm UTC| Commentary
Westpac Research Notes:NZD/USD 1 day: A sharp reversal upwards, mainly driven by the weak US dollar overnight, argues for this corrective bounce extending to 0.7525 today.NZD/USD 1-3 month: Multi-month, we expect the US...
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