Daily FNArena News

It’s a March quarter CPI of 0.1% when economists expected 0.7%.

Westpac agrees with the market that the Bank of Japan won’t lift rates this week, but expects increases in coming months given the economic outlook remains positive.

Today’s flat PPI was better than expected but presents only a weak link to the CPI, so opinions remain mixed on a rate hike next month.

Merrill Lynch and Credit Suisse have both raised their ratings for Coca-Cola Amatil to Buy, bucking the trend amongst their colleagues.

There was little change in the March quarter PPI over the December quarter, according to ABS figures.

The market is factoring in a rate rise when the RBNZ meets this week, but Stephen Koukoulas at TD Securities sees reasons why the bank won’t move.

It’s inflation week in Australia as Tuesday sees the release of the march quarter CPI which should influence the RBA’s rate decision next month.

The March quarter saw lower fuel prices and a stronger Aussie dollar leading to a fall in the import price index. Exports, however, were flat.

A stronger than expected quarterly growth outcome of 11.1% has the market anticipating further tightening measures for the Chinese economy, but any changes are unlikely to be rushed through.

All brokers agree Iluka guidance is set on an unrealistic exchange rate assumption. One has taken drastic action.