
Political uncertainty is back in Brazil
Nov 29, 2015 23:13 pm UTC| Commentary
Last week political uncertainty came back to Brazil, with the arrest of Workers Party Senate leader Delcídio do Amaral in relation to the Carwash investigation. With its leader in Congress gone, the ruling party...
Nov 29, 2015 22:54 pm UTC| Commentary Central Banks
The final RBA board meeting for this year will be held on Tuesday, with the Governor speaking on the economy the next day, shortly before the release of Q3 GDP. The RBA is expected to remain on hold, albeit with an easing...
BoC to hold despite weaker data
Nov 29, 2015 22:25 pm UTC| Commentary Central Banks
On Wednesday the BoC will hold its last meeting of the year. The bank is expected to keep its policy rate unchanged, as inflation is holding well and economic activity in the non-resource sector compensates the decline in...

Nov 29, 2015 22:03 pm UTC| Commentary Central Banks
The market will be looking for reassurance regarding the start and pace of the Feds tightening cycle while waiting for the FOMC meeting on December 16. Fed futures are assigning a 74% probability of a rate hike in December...
Japan: Focus on global factors, but also watch for domestic recovery
Nov 29, 2015 21:51 pm UTC| Commentary
This week, USDJPY dynamics will likely be dominated by global factors, including the ECB, Yellen testimony, and NFP. Yet, Japan data, October industrial production (Monday), Q3 corporate survey (Tuesday), and October...
UK PMIs to drive further sterling weakness, historically wide Fed-BoE gap a risk
Nov 29, 2015 21:35 pm UTC| Commentary
Following recent confirmation of the governments planned fiscal consolidation and the BoEs dovish stance, disappointing activity data and ECB easing are likely to keep downward pressure on GBPUSD this week. November...

Nov 29, 2015 21:22 pm UTC| Commentary Central Banks
Thursdays ECB meeting will be the key catalyst for EURUSD this week. A 10bp cut is expected in the depo rate and a time extension of QE. However, recent ECB comments coupled with the still unimpressive euro area inflation...