Apr 03, 2015 01:50 am UTC| Commentary
A nuclear deal framework for Iran was finally announced - marking a breakthrough after a month of talks - with parties aiming for a final agreement by the end of June. RBCs Head of Commodity Strategy Helima Croft says...
Drop in US oil production drives oil prices up sharply
Apr 02, 2015 12:12 pm UTC| Commentary
Oil prices made strong gains yesterday afternoon. At its peak, Brent increased by more than 4% to just shy of $58 per barrel, while WTI surged by more than 5% to $50.5 per barrel. The upswing was triggered by data from...
ECB minutes should dampen QE taper talk
Apr 02, 2015 12:07 pm UTC| Commentary
The minutes of the ECBs monetary policy meeting on 4th 5th March should help to dampen suggestions that the recent signs of improvement in the euro-zone economy will prompt the ECB to end its quantitative easing (QE)...
Philippines inflation likely eased in March
Apr 02, 2015 10:03 am UTC| Commentary
The Philippines will release March inflation data on 7 April. Inflation likely remained anchored owing to steady core inflation as most components of core inflation (health, education and recreation) were stable."The...
RBA likely to maintain cash rate at 2.25% in a close call
Apr 02, 2015 07:16 am UTC| Commentary
The Reserve Bank of Australia (RBA) is expected to keep the policy cash rate on hold at 2.25% at the Monetary Policy Committee (MPC) meeting on 7 April. The central bank kept rates unchanged in March, surprising...
Reserve Bank of India to stand pat
Apr 02, 2015 07:03 am UTC| Commentary
The Reserve Bank of India (RBI) is expected to leave the policy rate unchanged at 7.5% at its meeting on 7 April, based on the policy statement after its inter-meeting rate cut in March. It may consider measures to improve...
Improvement in Japan business conditions for non-manufacturers
Apr 02, 2015 05:48 am UTC| Commentary
The current business diffusion index for large non-manufacturers, the DI improved to +19 in Q1 2015 (consensus was +17) from a revised +17 in Q4 2014 (Note that there was a regular revision of the Tankan sample...
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