Euro Area rates review: Barclays
May 22, 2015 02:15 am UTC| Commentary
Barclays notes:Bund yields have somewhat stabilised, partly helped by ECBs intentions to frontload PSPP purchases during May and June. We stick with trades which have indirect bullish bias but offer good risk/reward even...
May 22, 2015 02:11 am UTC| Commentary
Barclays notes:Long-dated forward Treasury yields are becoming attractive in the post-crisis world of subdued growth where the fair value of term premia is also arguably still negative, given the prospects for low...
Canada's CPI and retail sales expected to print above consensus
May 22, 2015 02:00 am UTC| Commentary
Canadas CPI and retail sales is expected to print above consensus tonight. For the former, upward seasonal pressures on core prices prevalent in recent months are not expected to persist in April, limiting the monthly rise...
US CPI to print flat m/m in April
May 22, 2015 01:32 am UTC| Commentary
US CPI is expected to print flat m/m in April (cons: 0.1%), held back by a -1.0% m/m decline in seasonally adjusted gasoline prices."More critically, we think April will be the low point for y/y headline CPI (our forecast...
US equity funds see outflows while China, Japan and European see inflows
May 22, 2015 00:40 am UTC| Commentary
Fund flow data for the week ended 20 May showed that developed market (DM) bond funds witnessed some small inflows despite continued US treasury (UST) volatility.DM bond funds saw small inflows after two straight weeks of...
BoJ is expected to leave monetary policy steady today
May 21, 2015 23:28 pm UTC| Commentary
The Bank of Japan is expected to leave monetary policy steady today. Going forward, the BoJ has set the hurdle very high for easier policy and it is noted that political pressure is also abating."We suggest that an...
SARB was unchanged at 5.75% overnight
May 21, 2015 23:20 pm UTC| Commentary
South African Reserve Bank was expected to be unchanged despite an improvement in headline inflation. Everyone expects this headline inflation theme to wane very quickly and this is the reason for a hawkish bias at the...