ISM non-manufacturing to show continued strength in service sector

Apr 06, 2015 23:29 pm UTC| Commentary

Regional service surveys from the Richmond and Dallas Fed districts suggest that national service sector activity continued to expand at a solid pace in March.Combining the projection for a solid service-sector reading...

BoC’s Business Outlook Survey overall soft

Apr 06, 2015 22:38 pm UTC| Commentary

The BoCs Business Outlook Survey was overall soft, particularly in businesses expectations for capital spending (down to 4% from 8%) and hiring intentions (down to 20% from 31% prior).Inflation expectations, however, were...

Philippines export growth likely rebounded modestly

Apr 06, 2015 22:27 pm UTC| Commentary

The Philippines will release February export data on 8 April.Export growth to China, Japan, and South Korea was likely muted owing to flat demand. Manufactured-goods exports have grown at a more sluggish pace recently due...

Taiwan exports likely grew in March

Apr 06, 2015 22:21 pm UTC| Commentary

Taiwan is scheduled to release March CPI and export data on 8 inflation rate is expected to have fallen 1% y/y from the 0.19% y/y decline in February on weaker fuel and utility prices.The unfavourable base effect may have...

SIGMA signal is bearish; likely to remain Positive on IGBs

Apr 06, 2015 22:14 pm UTC| Commentary

Standard Chartered notes as follows: Our Indian government bond (IGB) positioning indicator (SIGMA) for March dropped to -1.21 from -0.75 in February, providing a bearish signal for duration in April. On our scale,...

BoJ is likely to ease further in April

Apr 06, 2015 21:36 pm UTC| Commentary

The Bank of Japan (BoJ) will hold two monetary policy meetings in April - 7-8 April and 30 April. No policy action is expected during 7-8 April, but the central bank will ease further at the 30 April meeting, when the...

US payrolls should pick up again to an above -200,000 pace over the next few months

Apr 06, 2015 18:12 pm UTC| Commentary

US nonfarm payrolls increased 126,000 in March, so a clear give back from the previous months strength. Private payrolls increased 129,000 and government employment declined 3,000. The net revision to January and February...