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BI may retain the existing BI rate in June
Jun 17, 2015 05:58 am UTC| Commentary
Monthly policy meeting of the Bank Indonesia (BI) will be held on 18 June. BI is expected to keep the BI rate at 7.50%, the BI overnight deposit facility (FASBI) rate at 5.75%, and the BI overnight lending facility (repo)...
New Zealand Q1 GDP growth likely remained robust at 0.8% q/q
Jun 17, 2015 05:04 am UTC| Commentary
Statistics New Zealand is scheduled to release Q1-2015 GDP data on 18 June. GDP growth of New Zealand is likely to have remained robust at 3.3% y/y (0.8% q/q), slightly slower than the 3.5% y/y growth in Q4-2014, estimates...
New Zealand's Q1 current account deficit widens to 3.6% of GDP
Jun 17, 2015 02:30 am UTC| Commentary
New Zealands annual current account deficit widened from 3.3% to 3.6% of GDP in the March quarter. The deficit was smaller than the market expected.Since the current account balance is typically reported as a four-quarter...
UK headline CPI data were in line with expectations
Jun 17, 2015 00:26 am UTC| Commentary
UK headline CPI data were in line with expectations (0.1% y/y after dipping below zero for just one month). Other measures of inflation (RPI, core CPI, PPI) were slightly weaker, but the headline measure carries most...
South Africa's current account deficit to underscore vulnerability
Jun 16, 2015 23:14 pm UTC| Commentary
Q1 current account (C/A) data and the GDP expenditure breakdown will be in focus when the South African Reserve Bank (SARB) releases its Quarterly Bulletin on 18 June.Despite weaker oil prices in Q1, a limited C/A...
Bank Indonesia is expected to keep the BI rate unchanged in June
Jun 16, 2015 22:59 pm UTC| Commentary
Bank Indonesia (BI) will hold its monthly policy meeting on 18 June. BI is expected to keep the BI rate at 7.50%, the BI overnight deposit facility (FASBI) rate at 5.75%, and the BI overnight lending facility (repo) rate...
New Zealand Q1 GDP growth likely remained robust at 0.8% q/q
Jun 16, 2015 22:33 pm UTC| Commentary
Statistics New Zealand is scheduled to release Q1-2015 GDP data on 18 June. GDP growth is expected to have remained robust at 3.3% y/y (0.8% q/q), slightly slower than the 3.5% y/y growth in Q4-2014.A further drop in dairy...
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