Jun 02, 2015 21:17 pm UTC| Commentary
Westpac Research notes:NZD/USD 1 day: Yesterdays emphatic bounce may find 0.7200 a tough obstacle.NZD/USD 1-3 month: Multi-month, we expect the US dollar uptrend to resume with stronger US data in Q2 and Q3 and therefore...
Jun 02, 2015 21:16 pm UTC| Commentary
Westpac Research notes:AUD/USD 1 day: Yesterdays emphatic bounce should push on to 1.0800.AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend should weigh on the AUD during the next few months. The next...
Jun 02, 2015 21:15 pm UTC| Commentary
Westpac Research notes:AU swap yields 1 day: The 2yr should open around 2.17% while the 10yr should open around 3.18%.AU swap yields 1-3 month: Mays yield declines are giving way to a resumption of the yield rises which...
Jun 02, 2015 21:14 pm UTC| Commentary
Westpac Research notes:NZ swap yields 1 day: Given the movement in interest rates in key markets overnight, the NZ 2yr should open higher at 3.39% while the 10yr should open at 3.95%.NZ swap yields 1-3 month: Short...
Nothing much to expect from ECB monetary policy meet
Jun 02, 2015 18:57 pm UTC| Commentary
The ECB will hold its regular monetary policy meeting on Wednesday 3 June. Barclays says, "We do not expect new information regarding monetary policy: the GC council should emphasise its commitment to expansionary monetary...
Jun 02, 2015 18:17 pm UTC| Commentary
BofA Merrill Lynch:We have tempered our enthusiasm on the yellow metal. The range trade from last November looks increasingly like a potential Triangle, which would limit the potential upside.In the near term, gain should...
SEK strengthening again, irking the Riksbank
Jun 02, 2015 18:14 pm UTC| Commentary
The trade-weighted SEK has strengthened 1.1% since April and is 2.7% away from the March level of 111.46 when the Riksbank expanded QE. Is FX intervention the next step for the Riksbank to slow the currencys...