“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.”
“It's hard to pinpoint what the reasons behind yesterday's price surge were.”
“The basic thing underlying the industry is that global demand remains very strong.”
“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.”
“Overall, the data for the capital goods sector remains somewhat erratic, but the underlying trend remains upward.”
“Underlying demand remains very strong. The first four months of the year certainly exceeds our forecasts and the forecasts of everyone else in the industry.”
“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.”
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