Australia’s jobless rate likely declined in February, payrolls move towards underlying trend

Mar 14, 2016 12:47 pm UTC| Commentary

The employment data for Australia has been unusually volatile in the last five months, with weakness in September giving way to larger gains in the subsequent two months. This was followed by unexpected moderate falls in...

BOJ monetary policy preview

Mar 14, 2016 12:25 pm UTC| Commentary Central Banks

Bank of Japan (BOJ) will announce its monetary policy decisions tomorrow sometime in early Asian hours, probably around 3:00 GMT, followed by press conference from Kuroda. Current monetary policy At last meeting...

Italy’s February final HICP inflation to remain unchanged from flash estimate

Mar 14, 2016 12:12 pm UTC| Commentary

Italys final HICP inflation for February is expected to have reached -0.2% y/y, unchanged from the flash estimate. Istat release had stated that all the major components have posted lower prices on a year-on-year basis....

Currency War Series

Bank Indonesia to continue with easing cycle, likely to cut rates by 50bps before 2016-end

Mar 14, 2016 12:11 pm UTC| Commentary Central Banks

Bank Indonesia is expected to continue on its easing cycle and lower rates during its meeting on 16-17 March. The central bank has usually gone on board with a cycle of rate cuts or hikes if there were changes made to...

Renminbi Series

Renminbi series: China fiscal stimulus has arrived

Mar 14, 2016 12:03 pm UTC| Commentary Economy

Latest data from Haver analytics and Barclays as shown in the graph, China is fiscally stimulating its economy, just like the officials suggested that they would let the fiscal deficit rise temporarily to stimulate the...

French final HICP inflation for February to confirm flash estimate

Mar 14, 2016 11:13 am UTC| Commentary

Frances final HICP inflation data for February to be released tomorrow is unlikely to see any change and confirm the flash estimate of -0.1% y/y, as compared with Januarys 0.3% y/y. The flash release had stated that in...

Currency War Series

Norges Bank to lower interest rate on Thursday

Mar 14, 2016 10:48 am UTC| Commentary Central Banks

The Norges Bank is expected to lower its interest rate on Thursday by 25bp. It is also likely to adjust the interest rate path down by 7-8 bp by late 2016 so it can give a slightly above 50% possibility of a further cut...