As expected, the BoE today kept the Bank Rate unchanged at 4.50%. The vote split was slightly to the hawkish side but we do not see this as a broad shift in sentiment within the MPC. Overall, the statement revealed that BoE still favours a “gradual” and “careful” approach to easing monetary policy whilst highlighting […]
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Japan’s core consumer inflation eased for the first time in four months in February, but less than market expectations. While the data strengthens the case for another BoJ rate hike at the April 30–May 1 Read more…
Key insights from the week that was. In Australia, the February Labour Force Survey provided a major surprise relative to market expectations. The main result was a significant contraction in the size of the labour Read more…
New Zealand posted a surprise trade surplus of NZD 510m in February, defying expectations of a NZD -235m deficit. Goods exports jumped 16% yoy to NZD 6.7B, led by strong demand from key trading partners Read more…