Monday, April 27, 2015

Fixed Income Weekly Pulse, 27 April 2015



 Highlights of the week:


·         Uncertainty over the shape of U.S. fundamentals diminish expectations for the Federal Reserve to boost interest rates   
·         Markets appear to be giving Athens the benefit of the doubt that it would ultimately squeak by with a deal to keep the rescue cash flowing
·         YTD, Japan’s local equity surge over 15%, building on an incredible 140% boom since June 2012
·         Fund flows continue to favour Asian equity markets as global money managers tapping into China’s world-beating stock rally
·         Malaysia headline inflation rate picks up to 0.9% in March  
·         Local govvies rallied along the curve on the back of offshore buying, with local players joining in the buying after the week long inactivity

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