ECB minutes should dampen QE taper talk

Apr 02, 2015 12:07 pm UTC| Commentary

The minutes of the ECBs monetary policy meeting on 4th 5th March should help to dampen suggestions that the recent signs of improvement in the euro-zone economy will prompt the ECB to end its quantitative easing (QE)...

Philippines inflation likely eased in March

Apr 02, 2015 10:03 am UTC| Commentary

The Philippines will release March inflation data on 7 April. Inflation likely remained anchored owing to steady core inflation as most components of core inflation (health, education and recreation) were stable."The...

RBA likely to maintain cash rate at 2.25% in a close call

Apr 02, 2015 07:16 am UTC| Commentary

The Reserve Bank of Australia (RBA) is expected to keep the policy cash rate on hold at 2.25% at the Monetary Policy Committee (MPC) meeting on 7 April. The central bank kept rates unchanged in March, surprising...

Reserve Bank of India to stand pat

Apr 02, 2015 07:03 am UTC| Commentary

The Reserve Bank of India (RBI) is expected to leave the policy rate unchanged at 7.5% at its meeting on 7 April, based on the policy statement after its inter-meeting rate cut in March. It may consider measures to improve...

Improvement in Japan business conditions for non-manufacturers

Apr 02, 2015 05:48 am UTC| Commentary

The current business diffusion index for large non-manufacturers, the DI improved to +19 in Q1 2015 (consensus was +17) from a revised +17 in Q4 2014 (Note that there was a regular revision of the Tankan sample...

Brazil's fiscal balance to remain under strong pressure

Apr 02, 2015 05:40 am UTC| Commentary

The 2014 fiscal balance was better than expected as GDP and the deflator growth surprised to the upside in Q4."we expect the fiscal balance to improve over the next few years on the governments pledge to introduce...

Brazil's primary surplus unlikely in 2015

Apr 02, 2015 05:31 am UTC| Commentary

A quick calculation suggests that while both the rise in the interest payments and the deterioration in the primary balance have contributed equally to the rise in the fiscal deficit, the bulk of the recent rise (i.e., on...