Australian labour market probably fairly firm in March
Apr 13, 2015 01:43 am UTC| Commentary
After surging in Q4, when employment growth averaged 32k which is equivalent to an annualized rate of 3.4%, employment stagnated over the balance of January and February.The labor market ios expected to have performed more...
China's Q1 GDP growth to fall to 7%
Apr 13, 2015 01:10 am UTC| Commentary
In light of the modest improvement in the two manufacturing PMI reports, industrial production (IP) is likely to have bounced back somewhat in March from the surprisingly slow pace of 6.8% yoy and 0.5% mom in the previous...
US retail sales to rebound sharply on improved weather
Apr 13, 2015 00:50 am UTC| Commentary
US retail sales are poised to rise by an estimated 1.5% mom in March driven by improved weather conditions and by the earlier gains in real disposable income which have yet to be spent.Automakers reported a seasonally...
Russian economic indicators will confirm the negative growth momentum
Apr 13, 2015 00:33 am UTC| Commentary
Russian economic indicators for March will confirm the negative growth momentum on Friday. Real wages are expected to decline further due to falling nominal wages and elevated CPI.Retail sales are expected to decline,...
MAS policy review and China GDP in focus
Apr 12, 2015 23:39 pm UTC| Commentary
The market is keenly awaiting the semi-annual MAS policy review (Tuesday). The economists expect the MAS to keep the slope, width and midpoint of the SGD NEER policy band unchanged.It is believed that the risk-reward at...
Swedish inflation data in focus
Apr 12, 2015 23:27 pm UTC| Commentary
Swedish inflation (Tuesday) is likely to dominate the agenda for the SEK in the coming week. In line with the projections and recent Riksbank rhetoric, market participants are looking for a further bounce in CPIF inflation...
Sluggish Chinese activity data and USD strength to keep pressure on AUD
Apr 12, 2015 23:18 pm UTC| Commentary
A 17.5K gain is expected in employment (consensus: 15.0k; last: +15.6k) with unemployment rounding down to 6.2% (consensus: 6.3%; unemployment was 6.254% in February).A fall in job ads in March suggests there is some...
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