News


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27
Feb

What to Look for in Friday’s U.S. GDP Report


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Friday we get a second look at U.S. gross domestic product for the fourth quarter. The Commerce Department report is slated to hit the wires at 8:30 a.m. and will incorporate data that wasn’t available in the first release a month ago. Here’s what to expect: A downward revision in GDP… The...


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26
Feb

Bloomberg New News URL


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Bloomberg has migrate the news section from www.bloomberg.com to http://topics.bloomberg.com/bloomberg-news/. Traders also can watch Bloomberg TV on the go for free at http://www.bloomberg.com/live/asia


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16
Feb

Japan crawls out of recession, but GDP misses


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Japan’s economy crawled out of recession in the fourth quarter of 2014, data on Monday showed, although the growth figures came in much weaker than expected. Gross domestic product grew an annualized 2.2 percent, helped by a rebound in exports, but the figure missed a Reuters poll expecting a...


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04
Feb

RBNZ’s Wheeler Says Period of Rate Stability Best Option


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New Zealand central bank Governor Graeme Wheeler said he will keep interest rates unchanged for some time amid a wave of policy easings by his peers in the face of global disinflation pressures. “Future interest-rate adjustments, either up or down will depend on the emerging flow of economic data,”...

04
Feb

RBNZ Signals Long Rate Pause as Case for Tightening Weakens

New Zealand’s central bank shifted to a neutral stance on interest rates and hinted it is prepared to lower them as plunging oil prices damp inflation globally. The currency fell to the lowest in almost four years. “In the current circumstances, we expect to keep the OCR on hold for some time,” Governor...


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03
Feb

RBA to Join Rates Race as 13th Easing of 2015: Australia Credit


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Australia’s central bank is seen joining at least 12 monetary authorities that have eased policy since the New Year, as even a nation that has grown for more than 23 consecutive years catches the global disinflation bug. Interest-rate swap traders see 66 percent odds the Reserve Bank of Australia’s...