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23 Feb 2016
Key events ahead - Westpac
Analysts at Westpac explained the key events ahead.
Key Quotes:
"The highlight of the Asia calendar is Singapore Jan CPI. Headline inflation is expected at –0.6% y/y again while core is seen to rise to 0.5% y/y. The Feb German IFO business survey should show climate down to 106.8.
While current assessment has slipped, the fall in expectations in Jan was much sharper and is set to continue. In the US, we have the Conference Board survey of consumer confidence. The index has been choppy though range bound at high levels over the past year. The median forecast for Feb is 97.2."
Key Quotes:
"The highlight of the Asia calendar is Singapore Jan CPI. Headline inflation is expected at –0.6% y/y again while core is seen to rise to 0.5% y/y. The Feb German IFO business survey should show climate down to 106.8.
While current assessment has slipped, the fall in expectations in Jan was much sharper and is set to continue. In the US, we have the Conference Board survey of consumer confidence. The index has been choppy though range bound at high levels over the past year. The median forecast for Feb is 97.2."