US manufacturing ISM to post second consecutive increase
Jun 29, 2015 00:25 am UTC| Commentary
Factory activity appears to have stabilized after slowing sharply at the start of the year. The manufacturing ISM reached a low point in March/April and began to reverse the earlier weakness in May. The rebound is expected...
War of nerves over the referendum in Greece
Jun 28, 2015 23:14 pm UTC| Commentary
The week to come will be marked by a war of nerves over the referendum in Greece, scheduled for next Sunday. The left-wing Greek government is building up pressure by suggesting to the Greek voters to reject the creditors...
A roadmap for the Greek referendum
Jun 28, 2015 22:50 pm UTC| Commentary
Greek PM Tsipras surprised everyone by calling for a referendum to be held on 5 July. The referendum will ask the Greeks whether or not they accept the latest proposal presented by the Institutions. The Greek government...
Euro area CPI inflation likely to stay at 0.3% y/y
Jun 28, 2015 22:29 pm UTC| Commentary
June headline euro-area CPI inflation, due on Tuesday, is expected to remain 0.3% y/y. Core CPI inflation likely eased slightly to 0.8% y/y from 0.9% prior. Headline CPI inflation moved out of negative territory in April...
South Korea CPI inflation may have remained benign in May
Jun 28, 2015 22:24 pm UTC| Commentary
South Korea will release June CPI inflation data on 1 July. Inflation is expected to have eased to 0.1% m/m from 0.3% in May, but to have picked up to 0.8% y/y from 0.5% on the gradual increase in oil prices and the c.2.8%...
Thailand's current account probably remained in surplus in May
Jun 28, 2015 21:49 pm UTC| Commentary
Thailand will release May current account data on 30 June. The current account is expected to have remained in surplus, despite the seasonal effect of dividend repatriation by global corporates based in Thailand. A surplus...
Jun 28, 2015 21:18 pm UTC| Commentary
Westpac Research notes:Australian 3yr government bond (futures) yields rose from 2.11% to 2.15%, while the 10yr rose from 3.10% to...