Swedish CPIF inflation rises in April, Riksbank unlikely to hike rate

May 09, 2018 18:30 pm UTC| Commentary Economy

Swedish CPIF-inflation excluding energy came in at 1.4 percent year-on-year in April, the lowest reading for over a year but consistent with the central banks view. Service inflation decelerated. Looking at the details,...

New Zealand retail card spending remains weak in April, following decline in nominal fuel spending

May 09, 2018 08:26 am UTC| Commentary Economy

After solid nominal spending growth in the first quarter, New Zealands retail card spending was weak in April. Retail spending fell 2.2 percent m/m, while core retail fell 2.3 percent. These data can be volatile, and the...

Prospects of higher oil prices likely to raise US inflation expectations, drive U.S. dollar index higher: Scotiabank

May 09, 2018 07:52 am UTC| Commentary Economy

The prospect of higher oil prices is expected to raise US inflation expectations and send the DXY index higher, while weighing on EM Asian currencies further particularly the high-yielding INR and IDR, according to the...

New Zealand bonds slump at close ahead of RBNZ’s monetary policy decision; markets await Governor Orr’s first statement

May 09, 2018 06:19 am UTC| Commentary Economy

New Zealand bonds slumped at the time of closing Wednesday as investors remained eager to watch the Reserve Bank of New Zealands (RBNZ) monetary policy decision, scheduled to be unveiled late today, followed by a press...

JGBs remain little changed after decline in U.S. counterpart offsets support from BoJ’s bond buying

May 09, 2018 05:17 am UTC| Commentary Economy

The Japanese government bonds remained little changed Wednesday after the Bank of Japans (BoJ) regular bond-buying operation was offset by a decline in the United States Treasuries in the overnight session. The yield on...

Australian bonds slump tracking weakness in U.S. Treasuries; U.S. 10-year note hovers around 3 pct mark

May 09, 2018 03:34 am UTC| Commentary Economy

Australian government bonds slumpedon Wednesdaytracking weakness in the U.S. Treasuries amid rising expectations of gradual policy tightening form the Federal Reserve this year and next. The U.S. 10-year Note yield hovered...

Wider China-U.S. trade surplus unlikely to obstruct bilateral talks, says ANZ Research

May 08, 2018 10:01 am UTC| Commentary Economy

The widening China-US trade surplus reflects the difficulty of significantly closing the trade gap between the two countries in the near term, but it is unlikely to obstruct the constructive progress made recently,...