Forex Forecast
UBS Morning Adviser
Compared to the RBA, the RBNZ has a bigger problem with valuations It is now well in the price of both the AUD and NZD that heading into
JPY Outlook & Forecast
Past JPY weakness to help One of the major disappointments for Japan over the past few years was the rapidly deteriorating trade balance,
UBS Morning Adviser
Adjusted Japanese core CPI decelerates, but energy prices up After adjusting for the effect of the April sales tax hike (subtracting 2.0% points from May CPI and
Australian Markets Weekly – RBA and Retail Sales to Soften
A busy few weeks ahead, with key data – including Thursday’s retail sales – likely to show the economy has softened in recent months.
Weekly Commentary
Recent data give us no reason to expect the RBNZ to departfrom the plans it set out in June. Those plans include afollow-up hike in July,
UBS Morning Adviser
Downside risks are mounting Australian dollars bears – including ourselves – have been frustrated by
AUD: Outlook & Forecasts
The AUD remains persistently high as markets continue to assume that global short-term interest rates will remain lower for longer, notes Australia and New Zealand Banking Group (ANZ).
New Zealand At A Glance
The New Zealand economy continues to pick up the pace. While Canterbury’s reconstruction remains a backbone, the upswing is radiating more and more into the various other regions and industries.
UBS Morning Adviser
The UK’s rebalancing needs go far beyond what the FPC can recommend The Bank of England’s financial policy committee’s (FPC) release of recommendations on
BNZ Strategist
Economic Outlook – NZ GDP growth is hitting its straps. Sizable contributions are coming from: construction (both residential and non-residential,
UBS Morning Adviser
Oil shocks hurt Japan, but consequent risk aversion could still help USDJPY With the crisis in Iraq showing no sign of abating,
UBS Morning Adviser
SARB’s purchase of Korean sovereign bonds signal another positive for won Yesterday officials at South Korea’s Financial Supervisory Service announced