China inflation probably moderated after the Lunar New Year

Apr 03, 2015 15:13 pm UTC| Commentary

China will release March inflation data on 10 April.Standard Chartered notes as follows: We expect CPI inflation to have moderated to 1.3% y/y from 1.4% in February as prices of food, especially fresh vegetables and...

RBA likely to maintain cash rate at 2.25% in a close call

Apr 03, 2015 14:59 pm UTC| Commentary

The Reserve Bank of Australia (RBA) is likely 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 the markets....

One month of poor data may not be enough to change the Fed's mind

Apr 03, 2015 14:50 pm UTC| Commentary

Weakness in payrolls was bound to happen. US job growth has been running at a stupendous pace over the last several months, increasingly out of tune with other economic indicators, which have pointed to a slowdown. The...

Unexpected weakness in US payrolls most probably another temporary blip

Apr 03, 2015 14:25 pm UTC| Commentary

Payrolls are always volatile even at the best of times and we are coming off a run of almost unbelievably strong employment growth stretching back to last summer.All the other labour market indicators suggest that labour...

Earnings growth was the solid spot in today's NFP report

Apr 03, 2015 14:09 pm UTC| Commentary

Nonfarm payrolls were much softer than expected in March, rising only 126k against consensus (245k) expectations for a stronger print. There were also net downward revisions of 69k to the previous months of payrolls,...

Outline of Iran deal

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...