India's February CPI likely edged higher

Mar 11, 2015 04:13 am UTC| Commentary

The expected marginal increase in CPI inflation is unlikely to prompt inflation concerns, however, it remains benign.After the Reserve Bank of Indias decision to cut the repo rate 25bps to 7.50% on 4 March, expectations of...

Australian unemployment rate likely rose again to 13 year high

Mar 11, 2015 04:00 am UTC| Commentary

Australia will release February labour-market data on 12 March. The unemployment rate likely rose to a 13-year high of 6.5%, while the participation rate remained unchanged at 64.8%. Job creation was strong in 2014, with...

BOK likely to remain on hold

Mar 11, 2015 03:55 am UTC| Commentary

Expectations of a rate cut have risen, particularly after Finance Minister Choi recently expressed concerns over prolonged disinflation.The negative data trend, inflation hitting a new 15-year low in February (+0.5% y/y),...

Euro area Industrial production likely registered modest growth in January

Mar 11, 2015 03:51 am UTC| Commentary

Euro-area industrial production (IP) ex-construction, to be released on 12 March, likely registered 0.2% m/m growth in January (0.3% y/y).Data already released for Germany showed that German IP rose for the fifth...

Decline in Australian unemployment in March confirms a trend improvement in expectations

Mar 11, 2015 03:41 am UTC| Commentary

The Westpac-Melbourne Institute Unemployment Expectations Index fell a further 2.5% in Mar following a 1.9% in Feb. The index has fallen in 9 of the last 12 months to be down 12.4% in the year.Recall that a lower (higher)...

NZ GDP and Current Account Q4 2014 preview

Mar 11, 2015 03:16 am UTC| Commentary

Thr GDP for the December quarter was expected to have an 0.7% increase, with the risks more to the downside.The expected slowdown in the pace of GDP growth compared to September is not as substantial as it might seem, as...

Australian housing finance down 3.5% in January 2015

Mar 11, 2015 03:00 am UTC| Commentary

Australian housing finance approvals to owner occupiers fell 3.5% in Jan more than reversing a 2.7% rise in January.That was weaker than the expected 2 decline although it should be noted that seasonal adjustment issues...