Key events ahead - Westpac

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Analysts at Westpac explained the events lined up ahead.

    Key Quotes:

    "Australia Mar NAB business sentiment is out at 11:30am Syd/9:30am Sing/HK. The business conditions index in Feb was +8, which compares to a 10 year average of +4 and a range of -17 to +20. Confidence was last at +3.

    In Asia, there is the India Mar CPI release. UK Mar CPI is expected at 0.3% m/m, 0.4% y/y. Core inflation has been firmer but upward pressure is seen to remain fairly limited at 1.3% y/y. This comes ahead ofThursday’s BoE meeting and there has been some chatter of the possibility that the dovish members vote for a rate cut. The US calendar is limited to NFIB small business optimism. Fedspeak continues with Harker, Williams and Lacker."
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