Jun 30, 2015 20:44 pm UTC| Commentary
Westpac Research notes:The US 10yr treasury yield ranged sideways between 2.31% and 2.38%. Fed VC Fischer said the FOMC will consider hiking rates in coming months, adding the moves would be...
Jun 30, 2015 20:42 pm UTC| Commentary
Westpac Research notes:AUD/NZD 1 day: Broke above the stubborn 1.1300 level and if sustained today, targets 1.1580 during the weeks ahead.AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing risk),...
Jun 30, 2015 20:41 pm UTC| Commentary
Westpac Research notes:NZD/USD 1 day: Made a fresh five-year low yesterday at 0.6748, the multi-month downtrend remains intact. NZD/USD 1-3 month: Our next major target is 0.6560 which was a major low in May 2010. The two...
Jun 30, 2015 20:40 pm UTC| Commentary
Westpac Research notes:AUD/USD 1 day: Holding up well during the past two days, with a possibility of rising to 0.7770 today.AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend should weigh on the AUD...
Jun 30, 2015 20:39 pm UTC| Commentary
Westpac Research notes:AU swap yields 1 day: The 2yr should open around 2.19% while the 10yr should open around 3.38%.AU swap yields 1-3 month: The 2yr is eking a sideways range of 2.05%-2.30%, while the 10yr should...
Jun 30, 2015 20:38 pm UTC| Commentary
Westpac Research notes:NZ swap yields 1 day: Given the US bond yield movement overnight, the NZ 2yr swap rates should open 1bp higher at 3.10%, while the 10yr should open 2bp higher at 3.92%.NZ swap yields 1-3 month: Short...
Thailand’s tourism and fiscal spending up, manufacturing and exports down
Jun 30, 2015 12:23 pm UTC| Commentary
The uneven nature of Thailands sluggish recovery became even more pronounced in May. While tourism continues to grow strongly, up 10.1% m/m on the seasonal adjustment (32.9% y/y; April: 13.2%), private consumption...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned