RBA keeps inflation into focus; likely to lower rates in August if inflation weakens

Jul 19, 2016 05:40 am UTC| Commentary Central Banks Economy

The Reserve Bank of Australia on Tuesday released the minutes of its July board meeting. The minutes had the similar line of the central banks recent commentary and did not provide any clear bias to lower official interest...

FxWirePro: The Day Ahead- 19th July 2016

Jul 19, 2016 04:06 am UTC| Commentary Economy

Not many economic dockets scheduled for today and some with high volatility risks associated. Data released so far Australia: Reserve Bank of Australia (RBA) released its monetary policy...

Japan likely to adopt a soft 'helicopter money’ approach

Jul 18, 2016 12:53 pm UTC| Commentary Economy

Japans policymakers and central bankers are likely to adopt a soft helicopter money approach, instead of funding government spending through a mechanism of direct debt monetization, reports said. A helicopter is an...

Canada’s housing market activity likely to remain high in 2016

Jul 18, 2016 10:37 am UTC| Commentary Economy

Existing homes sales in Canada dropped for the second straight month in June. Sales dropped 0.9 percent month-on-month in June. On an annual basis, however, it grew 5.2 percent. The housing market of Canada seems to be...

Canada’s manufacturing sales drop in May; disruptions in auto industry from wildfires likely to persist

Jul 18, 2016 10:23 am UTC| Commentary Economy

Manufacturing sales of Canada fell in slightly more than projections in May after recovering briefly in April. The decline is mostly due to temporary disruptions to supply chains. Sales fell 1 percent in May, the third...

Australia's Q2 inflation outcome likely to be soft enough to keep August rate cut alive

Jul 18, 2016 10:12 am UTC| Insights & Views Economy Central Banks

Australian government releases inflation data on a quarterly basis. Official Australias Q2 CPI data is scheduled to be released on Wednesday, 27th July and are keenly awaited after the extremely weak Q1 print. Australias...

US consumer prices rise in June; inflation likely to keep rising modestly through 2016

Jul 18, 2016 09:36 am UTC| Commentary Economy

US consumer prices for the month of June came in a tad below market projections. Inflation accelerated 0.2 percent, as compared with consensus forecast of 0.3 percent rise. Core inflation, excluding energy and food, also...