Eko Rediantoro / Blog
The yuan terms trade balance (USD terms will come out soon following) August trade surplus of 346bn yuan expected 373bn yuan surplus, prior 342.8bn) Exports +5.9% y/y (expected +2.9%, prior 2.9%) ... BEAT Imports +10.8% y/y (expected +0.7%, prior -5.7%) ... BEAT Awaiting the USD terms...
The AUD/USD pair keeps range near the upper bound of today’s trading range, as investors digest the latest upbeat Australian trade balance data. AUD/USD: 0.7700 closer? Currently, the AUD/USD pair now trades modestly flat at 0.7677, flirting with session tops previously posted at 0.7683...
In trend terms, the balance on goods and services was a deficit of $2,485m in July 2016, an increase of $62m (3%) on the deficit in June 2016...
Oil prices extended gains by more than 1.5 percent on Thursday after industry data showed what might be the largest weekly crude stock draw in over three decades. U.S. crude stocks surprisingly plunged 12...
PBOC inject 60bn yuan through 7-day reverse repos in open market operations (OMOs) today And 20bn through 14-dayers...
It will be difficult for ECB President Draghi to reach a consensus on extending bond purchases at this meeting...
Fed's Beige Book "Prepared at the Federal Reserve Bank of San Francisco and based on information collected on or before August 29, 2016...
The Japanese economy posted only modest growth in the second quarter, placing more pressure on the Bank of Japan (BOJ) to enact new policies to stimulus growth. Japan’s gross domestic product (GDP) advanced 0...
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Anyone feeling disappointed about the ECB’s decision to leave its interest rates unchanged may skip the Swiss National Bank’s quarterly policy assessment scheduled for this Thursday with an easy mind. Economists expect the SNB’s interest rate to remain steady at minus 0...