Bank of England MPC minutes – another 9-0 vote

Apr 22, 2015 06:37 am UTC| Commentary

The April MPC meeting delivered the expected result of no change in policy. In the March meeting, the minutes reported that yet again, "two members regarded this months decision as finely balanced."In the period between...

South Korea Q1 GDP likely to have been subdued

Apr 22, 2015 05:52 am UTC| Commentary

South Korea will release Q1-2015 GDP data on 23 April. The weak growth momentum to have continued in Q1: domestic consumption was likely weak despite lower oil prices. Retail consumption increased by a mere 1.1% in the...

Taiwan industrial production likely to have slowed due to base effects

Apr 22, 2015 05:48 am UTC| Commentary

Taiwan is scheduled to release March industrial production (IP) data on 23 April. Weak export sales data during February-March and softer global oil prices were likely impacted production output negatively in...

BNM to keep rates on hold through most of 2015

Apr 22, 2015 05:18 am UTC| Commentary

Malaysias inflation rebounded to 0.9% y/y in March (February: 0.1%), in line with the consensus estimate of 0.9%. The key driver of higher prices was transport, as Ron 95 and diesel prices were revised up in March, taking...

Daily Economic Outlook: 22 April, 2015

Apr 22, 2015 05:13 am UTC| Commentary

The minutes of the BOEs April MPC meeting (0830 GMT) likely to show a fourth consecutive unanimous vote for unchanged policy. Despite BoE Chief Economist Andy Haldanes recent comments that further policy easing remained an...

INR’s REER-36 climbed 4% in Q1

Apr 22, 2015 01:46 am UTC| Commentary

The Reserve Bank of India (RBI) is well placed to manage volatile FX market dynamics triggered by any reversal in capital inflows given that official reserves are now USD 340.3bn.However, the RBI may undertake short-term...

India's equity-market out-performance has stalled amid softer India export data

Apr 22, 2015 01:22 am UTC| Commentary

Indias monsoon season may be at least a month away, but storm clouds are already gathering over the Indian rupee (INR).The powerful out-performance of Indian equities relative to those of other emerging markets has finally...