Mar 09, 2015 06:13 am UTC| Commentary
NZD/USD:The recent multi-week rally came to an abrupt end on Thursday last week, the near term outlook now negative.While NZ economic data remains strong, the US dollar has woken from its month-old slumber and resumed its...
Mar 09, 2015 06:08 am UTC| Commentary
The KRW has led the way (down) in Asian trading this morning, ahead of the BOK Thursday.ECB QE starts today and the Greek crisis is far from over with a Eur 350mln tranche of IMF debt due for repayment at the end of the...
Daily Economic Outlook- 09 March 2015
Mar 09, 2015 06:07 am UTC| Commentary
Excerpts from Lloyds Bank: In the absence of significant economic releases after the mornings German trade data for January, Eurogroup meetings could provide a meaningful market focus. Although likely to emerge after...
Tourism, lower oil prices likely to support Taiwan’s services employment in 2015
Mar 09, 2015 06:04 am UTC| Commentary
Inflation came in at -0.2% y/y in February (January: -0.9%; December: 0.6%), below the expectation and consensus (0.2%). Again, the softness was narrowly focused on cheaper fuel, but exacerbated by lower vegetable prices...
Mar 09, 2015 06:03 am UTC| Commentary
The dollar made new highs and the Euro new multi-year lows after Fridays strong non-farm payroll gains. As of last Tuesday, CFTC data show speculative positions on the IMM remained very short of the Euro, and long of the...
Weak consumer confidence in China may signal deflationary pressure
Mar 09, 2015 00:38 am UTC| Commentary
Chinas February inflation data, due on 10 March, is likely to show continued deflationary pressures in the economy. According to Standard Chartered research: We expect CPI inflation to have inched up to 0.9% y/y from...
Canada's productivity edges down in Q4 after two quarters of growth: TD Economics
Mar 06, 2015 19:40 pm UTC| Commentary
Quotes from TD Economics:- Canadas labour productivity growth edged down 0.1% in the fourth quarter after increasing in Q3. Productivity was essentially flat because the 0.6% increase in output of the business sector was...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects