Japan Domestic Corporate Goods Price Index (MoM) came in at 0.2%, above expectations (-0.1%) in April

Japan’s Corporate Goods Price Index 2.1% vs. 1.8% forecast

Japan’s corporate goods price index rose more-than-expected last month, official data showed on Sunday.In a report, Bank of Japan said that Japan’s Corporate Goods Price Index rose to a seasonally adjusted annual rate of 2.1%, from 1.4% in the preceding month.Analysts had expected Japan’s Corporate ...

The week ahead: eyes on US IP (Tuesday) and other key global economic events

The week ahead in the US is holding a number of second-tier events, while greater risks come elsewhere from Euroland CPI, UK CPI, retail sales and labour force data, the RBA's minutes and Aussie unemployment data. The New Zealand dollar may find support from the GDT Price index should th ...

New Zealand Retail Sales ex Autos (QoQ) increased to 1.2% in 1Q from previous 0.6%

New Zealand Retail Sales (QoQ) came in at 1.5%, above expectations (0.9%) in 1Q

N.Z. retail sales 1.5% vs. 1.1% forecast

Retail sales in New Zealand rose more-than-expected last month, official data showed on Sunday. In a report, Statistics New Zealand said that retail sales rose to 1.5%, from 0.6% in the preceding month whose figure was revised down from 0.8%. Analysts had expected retail sales to rise 1.1% las ...

RBNZ: on hold until 2019? – Westpac

Analysts at Westpac explained, overall, the RBNZ’s latest forecasts have a lot in common with our own.  Key Quotes: "There are some points of difference: for instance, the RBNZ’s terms of trade forecast and the implications for national income, still look a bit anaemi ...

Fed’s monetary policy – Nomura

Analysts at Nomura explained that with the April unemployment rate at 4.4%, the question is at what pace the FOMC will remove the accommodative monetary policy.  Key Quotes: "This week saw a renewed focus on resolving outstanding questions on the Fed’s balance sheet adjustment bu ...

Disappointing data clouds dollar’s near-term outlook – BBH

Analysts at Brown Brothers Harriman explained that softer than expected April US retail sales and consumer prices saw the dollar pare its gains ahead of the weekend.  Key Quotes: "The dollar still finished the week higher against the major currencies, except the Norwegian krone. Th ...

Economic wrap and key events ahead – Westpac

Analysts at Westpac offered an economic wrap and highlighted the key events for the day ahead. Key Quotes: "US CPI rose 0.2% in April (as expected) while ex-food and energy it rose 0.1% (vs 0.2% expected). The respective annual rates were 2.2% (vs 2.3% expected) and 1.9% (vs 2.0 ...

Israel stocks higher at close of trade; TA 35 up 0.65%

Investing.com – Israel stocks were higher after the close on Sunday, as gains in the Oil&Gas, Technology and Biomed sectors led shares higher. At the close in Tel Aviv, the TA 35 rose 0.65% to hit a new 1-month high. The best performers of the session on the TA 35 were Delek Drilling LP ...

Crude Oil Futures – Weekly Outlook: May 15 – 19

Investing.com - Oil futures settled nearly flat on Friday, but still registered the first weekly gain in a month on the likelihood that key crude producers will extend output cuts beyond an agreed-on June deadline when they meet later this month. The U.S. West Texas Intermediate crude June contrac ...

The Week Ahead: 5 Things to Watch on the Economic Calendar

Investing.com - Key U.S. economic data in the week ahead could provide further evidence if the world’s largest economy is strong enough to withstand a rate hike as early as next month, with the Empire State and Philly Fed manufacturing surveys in focus. Meanwhile, China is to release industrial ...