Japan could be exiting decades of deflation faster than thought, thanks to food manufacturers launching new products, says a new retail price index.» Read More
Along with the dissipation of India's stagflation risks, the rupee is set to outperform other Asian currencies this year, says Jonathan Cavenagh, senior FX strategist at Westpac Bank.
*Japan Inc, wary of outlook, cautious about boosting spending. TOKYO, April 13- Japan's core machinery orders fell for a second straight month in February in a sign that business investment remains soft, and analysts say the smaller-than-expected decline won't necessarily allow policymakers to relax given an uncertain economic outlook.
*Japan Inc, wary of outlook, cautious about boosting spending. TOKYO, April 13- Japan's core machinery orders, a key gauge of capital spending, fell for a second straight month in February in a sign of soft business investment that could challenge policymakers' efforts to shake off decades of economic malaise. But weak capital spending plans for the new fiscal year...
Singapore central bank calls don't usually spur much excitement, but analysts are split on whether it may ease further after January's surprise move.
TOKYO, April 10- Bank of Japan Deputy Governor Hiroshi Nakaso has tempered market expectations that the bank will expand its stimulus programme later this month, saying a cut in its inflation forecast would not be enough to justify more monetary easing. Slumping oil prices have caused inflation fall back to zero, keeping alive market expectations that the BOJ...
China's consumer inflation remaining unchanged in March shows that domestic demand is sluggish, says Helen Qiao, chief economist, Greater China at Morgan Stanley.
SHANGHAI, April 9- China's consumer inflation stayed flat at 1.4 percent year-on-year in March, but was slightly above market expectations. Analysts polled by Reuters predicted the index would come in at 1.3 percent, compared with 1.4 percent posted the prior month. The producer price index remained in negative territory at -4.6 percent, the National Bureau of...
While China's consumer inflation stabilized in March, it will likely continue easing over the next 2-3 months, prompting further easing, says Zhu Haibin, chief China economist and head of Greater China Economic Research of J.P Morgan.
April 9- Any gains for the dollar will be more subdued going forward, as doubts over the timing of an eventual U.S. interest rate hike put the brakes on an historic rally over the past year, a Reuters poll found. However, the Fed's concern about a strong USD will delay, but not cancel, Fed normalization, " Jeremy Hale, head of macro strategy at Citi, said in a note.
While the Fed contemplates boosting rates, former Clinton Treasury Secretary Larry Summers tells CNBC policymakers should be more concerned about acting too early than too late.
The Bank of England kept policy unchanged on Thursday, as investors focused their attention on next month’s too-close-to-call general election.
MUMBAI, April 9- Moody's ratings revised India's sovereign rating outlook to "positive" from "stable" on Thursday as it expects the actions by policymakers will enhance the country's economic strength in the medium term. Moody's also said that it expected structural advantages, supported by relatively benign commodity prices and liquidity conditions...
David Roche, global strategist at Independent Strategy, says the Bank of Japan will have to roll out further easing in the second-half of 2015, but warns of risks from the central bank's ballooning balance sheet.
SYDNEY, April 9- The dollar hovered at one-week highs early on Thursday, having enjoyed another leg up after two influential Federal Reserve officials kept alive expectations for a hike in interest rates sometime this year. New York Fed President William Dudley and Fed Governor Jerome Powell on Wednesday sketched out scenarios in which the central bank could...
The Fed should look for "a little more proof than usual" that labor markets are tightening, said Jerome Powell, a central bank governor, in remarks prepared for a Wednesday speech.
Luca Silipo, chief economist for Asia Pacific at Natixis, says it is clear that easing isn't having an impact on Japan's economy and outlines the options that the Bank of Japan has.
Eisuke Sakakibara, professor at Aoyama Gakuin University, discusses comments from the Bank of Japan that consumer inflation will likely hover around zero percent due to falling oil prices.
Alexander Treves, head of Equities, Japan at Fidelity Worldwide Investment, discusses the decline in Japan's consumer inflation and explains why the Bank of Japan shouldn't unveil further easing now.
CNBC's Rick Santelli reports average demand at $24 billion sale of the 3-Year notes.
What the Federal Reserve is likely to do with interest rates is not what it should do, former Pimco co-CEO Mohamed El-Erian tells CNBC.