Singapore Consumer Price Index (YoY) rose from previous -0.8 to -0.6 in September

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Oct 23, 2015

NZD: Pressure mounting on RBNZ for easing - ANZ

Research Team at ANZ, suggest that the pressure (via the high NZD) looks like it could really start to pile up on the RBNZ and even though we don’t expect a cut next week, (but equally we can’t rule it out entirely), and we are becoming increasingly attuned to the prospect of global factors forcing the OCR lower.

Asia risk-on at full steam on ECB hints, EZ final PMIs eyed

Risk-on sentiment was the main theme in the Asian session after ECB Draghi’s strong indications of QE reassessment in Dec spurred risk-on rally in global equities. Markets witnessed erratic moves in the majors in early Asia while the Antipodeans were strongly bids on the back of rising demand for risker currencies.