Australia’s CPI inflation is likely to have fallen to a 16-year low in Q1

Apr 21, 2015 17:01 pm UTC| Commentary

A fall in Australia CPI inflation (02.30 BST) to a 16-year low of 1.0% in Q1, from 1.7% in Q4, may grab the headlines. But the slower downward trend in underlying inflation likely to be of more concern.The 13% q/q decline...

Japan’s trade deficit probably fell in March

Apr 21, 2015 16:23 pm UTC| Commentary

Preliminary estimates for the first twenty days of the month point to a narrowing of Japan trade deficit (00.50 BST) in March. However, the shortfall is unlikely to shrink much once seasonal factors are taken into...

Brent to recover a little further, but path to be rocky

Apr 21, 2015 16:18 pm UTC| Commentary

The price of a barrel of Brent has already recovered to around $63, up $17 from its January low of $46. The cost of the traditional US benchmark, WTI, has risen to $56, up $13 from its March low of $43."We had expected...

USD review

Apr 21, 2015 15:13 pm UTC| Commentary

With Americas economy spending the first half of the week on the back burner, underlying bullish sentiment has helped the U.S. currency drift higher. And when the news trickles in on existing home sales on Wednesday and...

CAD review

Apr 21, 2015 15:13 pm UTC| Commentary

The loonie remained camped near elevated levels against the greenback but below last weeks January high. Its been a better month for the northern economy thanks to upbeat outcomes on hiring, inflation and retail...

AUD review

Apr 21, 2015 15:12 pm UTC| Commentary

The Aussie dollar held firm at session highs against its U.S. counterpart, supported by global stock gains that pointed to improved investor appetite for higher-yielding assets.Under the surface though the Aussie remained...

GBP review

Apr 21, 2015 15:12 pm UTC| Commentary

A mixed U.K. pound strengthened against the weaker euro but lost ground to the firmer U.S. currency. Election uncertainty leaves the pound vulnerable to selling when it bounces higher which it did last week when it...