RBA likely to hold in April only to go in May
Apr 06, 2015 05:59 am UTC| Commentary
The RBA meets on 07 April and in a finely balanced decision it will likely leave rates on hold."A May cut will allow the RBA a better opportunity to assess broader conditions as well as the opportunity to receive...
Growing risks for BoE policy to remain unchanged beyond this year
Apr 06, 2015 05:19 am UTC| Commentary
While the Fed seems to be on track to begin raising rates in September, there are growing risks that BoE policy could remain unchanged beyond this year, as recent trade-weighted currency strength, combined with lower...
GBP/USD likely to come under increasing downward pressure
Apr 06, 2015 05:11 am UTC| Commentary
GBPUSD is likely to come under increasing downward pressure as investors sharpen their focus on pronounced UK political uncertainty in an environment of broad USD strength.The 7 May election is just over four weeks away...
RBI and BoK likely to be on hold
Apr 06, 2015 01:56 am UTC| Commentary
The RBI and BoK will both announce policy this week, and our baseline case is for both to keep rates on hold. Falling inflation will allow the RBI to cut the repo rate by 25bp in Q2, but between April and June, we are...
BoJ to leave USD/JPY range bound
Apr 06, 2015 01:44 am UTC| Commentary
The market will focus on the Bank of Japan (BoJ) monetary policy meeting on Wednesday. No changes in the policy is expected at this meeting, but expect them to expand the annual ETF purchase from JPY3trn to JPY5trn at the...
EUR activity data will likely take a back seat to Greece concerns
Apr 06, 2015 01:15 am UTC| Commentary
Activity data will play second fiddle to Greece this week. Greeces ongoing financial difficulties will likely be highlighted this week and are likely to weigh on the EUR as well as broader risk sentiment. While...
GBP Focus remains on the election
Apr 06, 2015 00:47 am UTC| Commentary
In a similar vein to last week where the final reading of UK Q4 GDP was unexpectedly revised higher, UK activity data this week should be consistent with robust economic activity. However, continued political uncertainty...
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