RBA Statement on Monetary Policy to release this morning
May 07, 2015 22:51 pm UTC| Commentary
In the RBA Statement on Monetary Policy this morning, it is expected to see updated projections that run in line with the Banks rate cut earlier in the week.Markets will be interested in the degree to which the banks...
April employment report the main release out of Canada this week
May 07, 2015 22:37 pm UTC| Commentary
Tonights April employment report is the main release out of Canada this week, and is one of the first pieces of hard data from Q2.Consensus look for a soft outcome with the lingering overhang from announced job cuts in the...
China’s data releases will likely be mixed, with a soft tone
May 07, 2015 22:20 pm UTC| Commentary
In China we think April industrial production growth may have improved over that in March (the lowest growth since the global financial crisis, partly due to the late Lunar New Year in 2015, which delayed the resumption of...
China Inflation likely remained subdued in April
May 07, 2015 21:47 pm UTC| Commentary
China will release inflation data for April on 9 May. CPI inflation is expected to have inched up to 1.6% y/y from 1.4% in March on a lower base last year.Food inflation of 3.2% y/y (versus 2.3% in March), and non-food...
Sri Lanka CBSL is likely to keep rates on hold in May
May 07, 2015 21:44 pm UTC| Commentary
The Central Bank of Sri Lanka (CBSL) is expected to keep rates on hold in May to allow the effects of Aprils surprise 50bps cut to flow through to the economy.The Sri Lankan rupee (LKR) has depreciated marginally despite...
Temporal downward trend in Mexico CPI should continue
May 07, 2015 17:37 pm UTC| Commentary
Mexico CPI decreased 0.26% m/m in April, almost in line with market expectations. The surprise was in some unexpected perishable price declines, partially offset by small pressures in the core food and services components....
Substantial steepening in CEE has already happened
May 07, 2015 17:27 pm UTC| Commentary
The correction in CEE long-end bonds has been significant and the baseline risks are more balanced now. Bunds have shaken up some of the long positioning in CEE local debt. However, concerns remain and we could look for...
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