Japan’s BOPs have changed dramatically
Mar 10, 2015 06:03 am UTC| Commentary
Japans balance of payments situation has been dramatically altered by both the Sendai earthquake andthe rise of Abenomics.The loss of productive capital stock, particularly in the energy sphere, was the key influence of...
Australian growth remains meek
Mar 10, 2015 05:51 am UTC| Commentary
The report on Australias national accounts for the December quarter which printed the day after the Reserve Banks board meeting would not have provided the Bank with much comfort around the economy.This set of national...
USD/Asia pairs continue to strengthen
Mar 10, 2015 05:41 am UTC| Commentary
Asian currencies have traded with a weaker bias against the USD during todays session.The main focus has been on USD/KRW, with spot break up through the 1120 level for the first time since early December last year. This...
NZD tumbles against USD, pulls majors lower
Mar 10, 2015 05:30 am UTC| Commentary
The kiwi traded at 0.7361 in early Sydney, but slipped over the Asia morning.The NZX halted trading on three listed dairy companies as well dairy futures and options ahead of the NZ police conference about a threat to...
U.S. labour market improvement set to continue
Mar 10, 2015 05:11 am UTC| Commentary
Todays US data are confined to second-tier releases in the shape of the NFIB small business optimism survey and the JOLTS job openings report.The JOLTS report which has taken on additional importance given the attention...
NOK, AUD, KRW Outlook: RBC Capital Markets
Mar 10, 2015 05:06 am UTC| Commentary
Qutoes from RBC Capital Markets NOK:CPI inflation is expected to rebound in February. The Norges Bank rate decision on 19 March is seen as a close call and an unexpectedly soft report today would fuel the dovish...
Australian business conditions stabilise while confidence fall
Mar 10, 2015 04:28 am UTC| Commentary
Two key observations from the February NAB business survey are that: conditions have stabilised at a softer level and that business confidence has fallen to its lowest reading since mid-2013, ahead of the last Federal...
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