Taiwan export order growth likely declined in February

Mar 19, 2015 05:04 am UTC| Commentary

Taiwan is scheduled to release February export order data on 20 March.Standard Chartered notes its expectations as follows.... We expect overseas orders to have dropped by 3.0% y/y versus 8.1% y/y growth in January,...

Standard Chartered maintains neutral short-term, overweight medium-term weightings on INR

Mar 19, 2015 05:03 am UTC| Commentary

Standard Chartered notes its views as follows.... We scaled back our short-term weighting on the Indian rupee (INR) to Neutral from Overweight recently, but maintain our medium-term Overweight FX weighting. We expect...

Stay positive on Indian government bonds: Standard Chartered

Mar 19, 2015 04:59 am UTC| Commentary

Recent price action in Indian government bonds (IGBs) is perplexing. The benchmark 10Y IGB yield has risen c.13bps and the 5Y OIS c.17bps, and the OIS curve has bear steepened c.7bps since the Reserve Bank of India (RBI)...

Australian firms look for better profits in 2015

Mar 19, 2015 04:50 am UTC| Commentary

In a ACCI-Westpac Survey, a net 13% of respondents expect profitability for Australian firms to increase in the next 12 months.While that is down from a high of +23% in December, a trend improvement is apparent, one that...

Westpac–ACCI labour market composite points moderate job growth

Mar 19, 2015 04:44 am UTC| Commentary

The Westpac-ACCI Labour Market Composite index moved higher in the March quarter, increasing to 51.8 from 50.1 in the previous quarter. The latest result is unchanged from a year ago.The Labour Market Composite has proven...

Fed's first rate hike to come in Sept: Barclays

Mar 19, 2015 04:38 am UTC| Commentary

The downward revision to NAIRU at the same time as the committee decided to eliminate the use of forward guidance strikes us as somewhat contrived and likely reflects a trade-off within the committee (the lower end of the...

Fed Rate Hike- Risks of waiting too long

Mar 19, 2015 04:34 am UTC| Commentary

The Fed continues to push out policy normalization, if not in terms of timing then certainly in terms of the speed.As noted earlier, the Fed now indicates that it will undershoot neutral rates for at least three more...