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Apr 15, 2015
via MacroScope

BOC to hold this year? Probably not say nearly half the primary dealers

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The Bank of Canada will almost certainly hold policy steady on Wednesday but nearly half of the banks who do business directly with it predict at least one more rate cut this year.

But just what another 25 basis point cut, over and above a similar unexpected easing in January, will achieve is unclear.

Apr 14, 2015
via MacroScope

Surprise monetary policy moves may become new norm in India

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For all the measures India’s central bank has taken to increase transparency in policy making, predicting rate moves by Governor Raghuram Rajan is still difficult.

After two surprise rate cuts since January, both times outside of scheduled meetings, the chatter of another off-cycle easing has increased after data on Monday showed consumer inflation slowed unexpectedly to a three-month low in March.

Apr 10, 2015

Reuters poll – Asia currencies seen pinned down as Fed readies to hike rates

By Sumanta Dey

(Reuters) – Emerging Asian currencies are seen likely to weaken against the dollar over the coming year on expectations the U.S. Federal Reserve will start hiking interest rates, although any losses are likely to be limited, a Reuters poll found.

Still, a Reuters poll on Thursday found respondents believed emerging market currencies are unlikely to rebound from decade- or record-lows, despite doubts about the timing of the Fed hike.

Apr 10, 2015

Asia currencies seen pinned down as Fed readies to hike rates

April 10 (Reuters) – Emerging Asian currencies are seen
likely to weaken against the dollar over the coming year on
expectations the U.S. Federal Reserve will start hiking interest
rates, although any losses are likely to be limited, a Reuters
poll found.

Still, a Reuters poll on Thursday found respondents
believed emerging market currencies are unlikely to rebound
from decade- or record-lows, despite doubts about the timing of
the Fed hike.

Mar 31, 2015

China, East Asian stocks to extend rally on central bank easing: Reuters poll

BENGALURU (Reuters) – Shares in China and other East Asian markets will extend their rally this year, buoyed by additional policy easing expected from Beijing and other regional central banks, a Reuters poll showed.

The Shanghai Composite Index .SSEC has had a stellar run, surging over 17 percent so far this year to seven-year highs, after a 50 percent leap in 2014.

Mar 31, 2015

China, East Asian stocks to extend rally on central bank easing

BENGALURU, March 31 (Reuters) – Shares in China and other
East Asian markets will extend their rally this year, buoyed by
additional policy easing expected from Beijing and other
regional central banks, a Reuters poll showed.

The Shanghai Composite Index has had a stellar run,
surging over 17 percent so far this year to seven-year highs,
after a 50 percent leap in 2014.

Mar 26, 2015

China home prices seen stabilising; to rise 2 pct from June-Dec

March 26 (Reuters) – Chinese home prices are believed to be
in a trough and are thought likely to remain stagnant until June
before picking up in the second half of the year once existing
inventory has been sold, a Reuters poll found on Thursday.

The housing market is a key sector of China’s economy but
prices have slumped since early last year when the government
took steps to cool a housing boom, which it quickly reversed,
but the subsequent slump in house prices pulled 2014 economic
growth to a 24-year low.

Mar 23, 2015
via MacroScope

Euro zone private lending set to take a small, but crucial, step up

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The recent green shoots emerging out of the euro zone economy could look a little more leafy on Thursday when data is likely to show a long-awaited recovery in private bank lending is starting to pick up pace.

A revival in business lending has for long been cited as the panacea to the currency bloc’s economic troubles, but has disappointed even as other economic reports since the start of the year pointed to an upturn.

Mar 17, 2015
via MacroScope

Euro may not be on a one-way road to parity

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Signs the euro zone economy may have turned a corner just as many begin to question the timing of a U.S. interest rate hike could soon put a floor under the euro after a 13 percent plunge so far this year.

Major investment banks Deutsche Bank and Goldman Sachs have revised their euro forecasts over the past week and now expect it to breach parity to the dollar sometime over the coming year.

Mar 12, 2015

Euro zone economy may be turning; 1-in-4 chance Greece exits: Reuters poll

By Sumanta Dey

(Reuters) – The recent improvement in some key euro zone economic data represents a significant turn in the economy, according to a Reuters poll of economists, although they still see a one-in-four chance of Greece leaving the currency area.

Many of the most important economic data, such as gross domestic product growth, retail sales and the flash purchasing managers index, have beaten expectations. Some have even topped the most optimistic forecasts.

    • About Sumanta

      "Sumanta Dey is poll and economic data correspondent for Asia on the Reuters Polls team. Based out of Bangalore, he is responsible for overseeing polling efforts in the region as well as handling several key projects. He first joined the Bangalore newsroom in 2006 and returned after a stint at software giant Infosys, where he managed analytics projects of a global consumer products manufacturer. He holds an economics degree from Bangalore University."
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