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20 Mar 2015
RBA Stevens in focus - Westpac
FXStreet (Bali) - RBA governor Stevens will be the main focus in Asia, notes Sean Callow, FX Strategist at Westpac.
Key Quotes
"RBA governor Stevens will be speaking in front of the American Chamber of Commerce in Australia at 1:10pm Syd/10:10am Sing/HK, presumably on the local and/or global economy. There should be a Q&A session. The calendar in Asia is otherwise quiet."
"In the US, we have Fedspeak from Atlanta Fed president Lockhart, a centrist. Chicago Fed’s Evans speaks again and will most likely reiterate his dovish message, calling for a delayed liftoff in rates. Both are voters on policy this year. Given the possibility of another rate cut by the Bank of Canada, the release of Feb CPI will be watched. Markets are expecting headline CPI to remain steady at 1.0%y/y, though the core measure is forecast to fall a tick to 2.1%y/y. Jan retail sales are likely to continue to show declines; gasoline sales led broad-based falls Dec."
Key Quotes
"RBA governor Stevens will be speaking in front of the American Chamber of Commerce in Australia at 1:10pm Syd/10:10am Sing/HK, presumably on the local and/or global economy. There should be a Q&A session. The calendar in Asia is otherwise quiet."
"In the US, we have Fedspeak from Atlanta Fed president Lockhart, a centrist. Chicago Fed’s Evans speaks again and will most likely reiterate his dovish message, calling for a delayed liftoff in rates. Both are voters on policy this year. Given the possibility of another rate cut by the Bank of Canada, the release of Feb CPI will be watched. Markets are expecting headline CPI to remain steady at 1.0%y/y, though the core measure is forecast to fall a tick to 2.1%y/y. Jan retail sales are likely to continue to show declines; gasoline sales led broad-based falls Dec."