Daily outlook for AUD/USD: Westpac
Mar 03, 2015 20:31 pm UTC| Commentary
Quotes from Westpac Research:- AUD/USD 1 day: Yesterdays RBA surprise puts AUD in a neutral 0.7750-0.7850 range ahead of GDP, ensuing direction then dependant on the direction of any surprise.- AUD/USD 1-3 month: Falling...
Mar 03, 2015 20:17 pm UTC| Commentary
Quotes from Westpac Research:- US 10yr treasury yields rose from 2.08% to 2.11% - a one-week high, the 2yr yield rose from 0.65% to 0.67%, and the curve retained a steepening bias.- Apart from expectations of Fed...
Mar 03, 2015 20:16 pm UTC| Commentary
Quotes from Westpac Research:- Australian 3yr government bond future yields ranged sideways between 1.83% and 1.87%.- That compares with the 1.78% level prevailing just before the RBA surprised the market by not cutting...
Central Bank of Poland looks set to cut interest rates today: Capital Economics
Mar 03, 2015 19:56 pm UTC| Commentary
Quotes from Capital Economics:- The Central Bank of Poland looks set to cut interest rates today. Having kept rates on hold at the previous meeting, Governor Belka made it pretty clear that rates will be lowered this time...
Fall in investment will likely be a big drag on Australia GDP growth this year: Capital Economics
Mar 03, 2015 19:48 pm UTC| Commentary
Quotes from Capital Economics:- GDP probably grew by 0.7% q/q in Q4 last year in Australia, up from 0.3% q/q in Q3 (00.30 GMT). But this should not be taken as a sign that Australia is passed the worst.- Indeed, it looks...
Japan wage growth may pick up further in coming months: Capital Economics
Mar 03, 2015 19:31 pm UTC| Commentary
Quotes from Capital Economics:- In contrast to expectations of a slowdown, preliminary data showed that wage growth remained unchanged at 1.3% y/y in January. (Data released on Tuesday.) Base pay increased by 0.8% y/y, the...
Australian dollar to weaken to US$0.70 by December: Capital Economics
Mar 03, 2015 19:09 pm UTC| Commentary
Quotes from Capital Economics:- The differential between Australian and US interest rates could shrink quite fast. In the past, this has typically been associated with a weaker Australian dollar. At face value, the...