“The cooling in prices in April was not unexpected given the surge in March. However, the underlying picture remains reasonably healthy as demand conditions have remained quite firm.”
“The basic thing underlying the industry is that global demand remains very strong.”
“It's hard to pinpoint what the reasons behind yesterday's price surge were.”
“Overall, the data for the capital goods sector remains somewhat erratic, but the underlying trend remains upward.”
“The underlying economic fundamentals remain sound as has been pointed out by the Fed.”
“Investors don't feel safer buying bonds as they remain strongly concerned about a rate hike and higher yields. Surging Treasury yields will pressure Japanese yields to rise.”
“The figures continue the recent run of reports suggesting that underlying inflationary pressures remain muted. They suggest the bank does have room to cut rates if growth disappoints going forward.”
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