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1 Jun 2016

China: Official PMIs showed some stabilization - BBH

Research Team at BBH, suggests that China's official PMIs showed some stabilization taking place in the world's second-largest economy. 

Key Quotes

“The manufacturing PMI was steady at 50.1, while the service sector slipped to 53.1 from 53.5.  The Caixin manufacturing PMI eased to 49.2 from 49.4.  The dollar approached the year's high against the yuan before reversing lower.  If the greenback's recent gains against the other major currencies are pared today, it would not be surprising if the yuan is "fixed" higher tomorrow.”

Jun 1, 2016

RBNZ: Damned if you do, damned if you don’t - BNZ

Stephen Toplis, Head of Research at BNZ, suggests that whatever the Reserve Bank of New Zealand does next week will be wrong. Key Quotes “Either the
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Jun 1, 2016

NZ: Positive terms of trade, but - BNZ

Doug Steel, Senior Economist at BNZ, suggests that this morning’s Q1 merchandise terms of trade figures were much higher than market (and our) expecta
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