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Highlights
of the week:-
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·
Higher than expected 4QGDP and hawkish Fed
rebounded the dollar
·
Oil price climbed as reports showed
inventories dropped
·
ECB officials stated monetary policy would be
left unchanged; Article 50 triggered on March 29 and 4QGDP confirmed at
1.9%y/y
·
Manufacturing business sentiment highest
since 4Q2015; South Korea’s 2016 GDP expanded to 2.8%y/y; Bank of Thailand
kept rates steady
·
Negative real returns caused 5Y MGS yield and
IRS curve to rise. PPI accelerated further in February
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Monday, April 3, 2017
· Higher than expected 4QGDP and hawkish Fed rebounded the dollar
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