September 30th, 2011 01:25:26 GMT

China PMI May Ease Nerves

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The China PMI from MNI will be released in a few minutes and the more-influential HSBC PMI an hour afterwards. Sentiment about a slowdown in China may be a touch extreme at the moment after the highly-publicized report from Merrill … Continue reading

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September 30th, 2011 00:32:38 GMT

S&P downgrades New Zealand

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S&P rating lowered one notch, outlook is stable. This comes after the downgrade by Fitch earlier, while Moody’s affirmed its Aaa rating. Quick 40 pip drop in NZD/USD but it has bounced back. I’m expecting further declines. The lowering of … Continue reading

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September 30th, 2011 00:02:44 GMT

NZ business outlook +30.3% vs +34.4%

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The NBNZ New Zealand business outlook survey declined in September and optimism from business about growth over the next 12 months fell to 35.4% from 43.3%. Inflation expectations eased to 3.23% from 3.45%.

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September 29th, 2011 23:31:41 GMT

Japan core CPI +0.2% y/y vs. +0.1% exp

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July was -0.2% y/y Ex-food and energy -0.5% vs -0.6% y/y exp and -0.5% prior Tokyo core CPI -0.1% vs -0.1% exp and -0.2% prior household spending -4.1% y/y vs -2.8% exp and -2.1% prior

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