BoJ minutes to shed light on Kiuchi’s proposa

May 01, 2015 05:27 am UTC| Commentary

The Bank of Japan (BoJ) will release the 7-8 April meeting minutes on 8 May. The central bank kept quantitative and qualitative monetary easing (QQE) unchanged at the meeting. Board Member Takahide Kiuchi proposed a...

BNM likely to maintain status quo

May 01, 2015 05:25 am UTC| Commentary

Bank Negara Malaysia (BNM) will announce its next monetary policy decision on 7 May. It is expected to keep the overnight policy rate (OPR) unchanged at 3.25%. The rate was last raised in July 2014.The central bank removed...

Daily Economic Outlook: May 1st, 2015

May 01, 2015 04:55 am UTC| Commentary

Following weaker-than-expected initial Q1 GDP releases in both the UK and US earlier this week, todays data should provide some insight into the outlook for Q2. In the UK, the manufacturing PMI (0830 GMT) posted successive...

Philippines inflation probably moderated further on lower food inflation

May 01, 2015 02:01 am UTC| Commentary

The Philippines will release April inflation data on 5 May. Inflation is expected to have moderated to 2.2% y/y from 2.4% in March, although on a m/m basis it likely picked up to 0.2% from -0.1% in March.Base effects for...

Hong Kong retail sales likely rebounded in March

May 01, 2015 01:14 am UTC| Commentary

Hong Kong will announce March retail sales data on 5 May. Retail sales is expected to have risen 9.0% y/y by volume and 6.0% by value, a clear drop from February, when they were boosted by holiday distortions.That said,...

Australia's unemployment likely rose to 6.2% in April

May 01, 2015 00:58 am UTC| Commentary

The Australian Bureau of Statistics will release April labour-market data on 7 May. Moderate job creation of 4,000 jobs is expected, versus 37,700 in March.The unemployment rate likely rose to 6.2% from 6.1% in March,...

Australia's May MPC meeting likely to be a close call

May 01, 2015 00:38 am UTC| Commentary

The Reserve Bank of Australia (RBA) is expected to cut the policy cash rate by 25bps to 2.00% at the Monetary Policy Committee (MPC) meeting on 5 May.This will likely be another close call between easing the cash rate and...