BoT continues with dovish rhetoric
Aug 05, 2015 08:07 am UTC| Commentary
The Bank of Thailand left its policy rate unchanged at 1.50%. The decision was again unanimous, indicating that the MPC does not see any imminent need to cut rates.However, the overall tone of the statement remained...

Central Bank of Thailand to stay on hold
Aug 05, 2015 07:38 am UTC| Commentary
Thailand is the only Asian economy with net outflows in both bonds and equities on a YTD basis. The Central Bank of Thailand is forecast to hold its key rate unchanged at 1.50%, says Societe Generale. The yield...
USD benefits from Lockhart´s rather hawkish interview
Aug 05, 2015 07:38 am UTC| Commentary
Atlanta Fed President Dennis Lockhart caused a stir on the FX market overnight. Commerzbank notes his statement made in an interview that "the economy is ready and it is an appropriate time to make a change". It would take...

Greece confident on August 20th deadline payment to ECB
Aug 05, 2015 07:32 am UTC| Commentary
Greece expressed its confidence that it will have a new bailout in two weeks, in time to make the 20 August deadline payment to the ECB, but winning a parliamentary majority may still prove an uphill task for PM...

Taiwan food prices likely to trend higher, inflation to recover in H2
Aug 05, 2015 07:27 am UTC| Commentary
Lower oil prices remain the dominant drag on Taiwan CPI, subtracting 0.92pp from the headline rate. The larger drag in July reflected the changes in retail pump prices. Indeed, prices of RON95 fell 2.7% m/m in July.The...
Hungarian Forint outperformer within CE3
Aug 05, 2015 07:25 am UTC| Commentary
Hungarian currency has been an outperformer among CE3 (Centeral European Three) peers over the past week, gaining 1.3% against the zloty in particular since early last week. While this has partly to do with higher risk...

Renewed pressure on oil pushes Taiwan inflation lower
Aug 05, 2015 07:19 am UTC| Commentary
Taiwan inflation edged further into the negative territory at -0.66% y/y in July.Overall, the path of inflation mainly reflected the renewed downward pressure on international oil prices, with the Brent falling by 12% on...