Canadian CPI inflation may have found a floor

Jun 18, 2015 22:15 pm UTC| Commentary

Canada releases a raft of data (May CPI, April retail sales) on 19 June. US consumers have found renewed vigour lately after dismal spending activity earlier this year, and of interest will be whether their Canadian...

Thailand exports expected to have improved gradually

Jun 18, 2015 22:06 pm UTC| Commentary

Thailand will release May customs-based trade data from 24-26 June. A gradual improvement is expected in exports on firmer demand from the US and Cambodia, Lao PDR, Myanmar and Vietnam (CLMV).A weaker Thai baht (THB),...

Hong Kong's inflation was likely steady in May

Jun 18, 2015 21:48 pm UTC| Commentary

Hong Kong will release May CPI data on 22 June. Headline CPI inflation of 2.9% y/y is expected, marginally higher than 2.8% in April. The housing component likely continued to be supported by stubbornly high rental prices,...

Japan Flirting With Deflation Again

Jun 18, 2015 21:39 pm UTC| Commentary

The health of Chinas manufacturing sector and the renewed risk of falling prices in Japan will dominate Asian market attention.Japanese inflation could sink to its lowest reading since June 2013 and not far above where it...

US CPI rose 0.4% in May

Jun 18, 2015 20:45 pm UTC| Commentary

US CPI rose 0.4%, compared to 0.5% expected, although much of it was due to a rebound in fuel prices. The core measure rose 0.1%, slightly disappointing expectations of 0.2%, although the past few months trend in the...

AU rates review

Jun 18, 2015 20:20 pm UTC| Commentary

Westpac Research notes:Australian 3yr government bond (futures) yields bounced from 1.91% to 2.03%, while the 10yr rose from 2.88% to...

US rates review

Jun 18, 2015 20:19 pm UTC| Commentary

Westpac Research notes:US 10yr treasury yields rose from 2.26% to 2.38%, retracing most of the previous days decline despite a weaker than expected CPI report (balanced by jobless claims, the leading index and the Phil....