MXN between slower growth and the US Fed
Mar 30, 2015 05:53 am UTC| Commentary
The Mexican peso had a weak performance vs. the USD yesterday and ended the day losing over 1%. As expected, the central bank of Mexico (Banxico), kept unchanged the overnight rate at 3% but the communiqué that...
Strong HUF supported by current account improvement
Mar 30, 2015 05:50 am UTC| Commentary
EUR-HUF has declined sharply over the past week, hovering around the 300.00 level; this is despite a fresh rate easing cycle just started by the CenBank, which is set to continue.Part of the strength is due to capital...
Mar 30, 2015 05:46 am UTC| Commentary
The Russian currency remains the worlds best performer by far versus the USD since the beginning of February, the main reason being the continued cease-fire in eastern Ukraine and the resulting calming on the EU/US...
Japan's reflationary efforts seem to have failed
Mar 30, 2015 05:41 am UTC| Commentary
The rate of inflation was meant to reach 2% within the space of two years, the Japanese central bank had said in 2013. That does not seem to have worked out.Even though the statistics for February record a level of 2.2%...
Principal focus to be on the 3rd estimate of US GDP data for 2014 Q4
Mar 30, 2015 05:37 am UTC| Commentary
Data-wise, the principal focus to be on the 3rd estimate of US GDP data for 2014 Q4.The release covers the period prior to the recent soft patch in US data - potentially reflecting the impact of adverse weather - that is...
China's SME activity appears to have warmed up after the holiday season
Mar 30, 2015 05:34 am UTC| Commentary
The Chinas SMEI current performance index rebounded to 58.0 in March from 52.8 in February. Importantly, nearly all performance indicators improved.The key sub-indices for production and new orders strengthened to 61.2 and...
Mar 30, 2015 00:53 am UTC| Commentary
With important deadline ahead, this week will be crucial for Greece. Based on a new list of reforms, the Eurogroup will convene but disbursement of funds is not a done deal. Michala Marcussen from Societe Generale,...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects