CNY is no longer the 'one-way bet' of the past: Standard Chartered
Feb 27, 2015 10:02 am UTC| Commentary
Quotes from Standard Chartered: -We have a short-term Neutral and medium-term Overweight FX weighting on the CNY. Given Chinas subdued growth-inflation mix and evolving BoP dynamics, the CNY is no longer the one-way bet...
Weak China data and fear of an FX policy shift weighing on CNY: Standard Chartered
Feb 27, 2015 09:57 am UTC| Commentary
Quotes from Standard Chartered: -USD-CNY onshore spot rates ended the Year of the Horse within a whisker of the top of the onshore trading band. This was the first time the CNY traded soclose to the edge of the band since...
Oil prices look set to tread water next week: Commerzbank
Feb 27, 2015 09:46 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -Over the course of February, the price of Brent oil has recovered to levels above USD 60 per barrel, with the US benchmark WTI trading at a high discount, at USD 50, owing to...
Underlying weakness in EUR/USD remains intact: Commerzbank
Feb 27, 2015 09:43 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -In the week ahead, the focus will primarily be on inflation data in the euro area. Here, the situation should also have eased somewhat. We expect prices in February to be down...
Ten-year Bund yields should remain capped around 0.40%: Commerzbank
Feb 27, 2015 09:40 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -Regardless of greater risk appetite, the ten-year German benchmark yield yesterday marked a new all-time low at 0.28%, while seven-year Bunds were trading in negative...
BoC likely to keep rates unchanged at next week's meeting: Commerzbank
Feb 27, 2015 09:36 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -Despite solid and more broad-based growth in recent quarters, the Bank of Canada lowered its key interest rate by 25 basis points to 0.75% in January, referring to the...
Fed likely to adjust its statement as soon as the meeting on 17/18 March: Commerzbank
Feb 27, 2015 09:31 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -The Chairwoman of the Federal Reserve Board, Janet Yellen, has cautiously prepared markets for the normalisation of interest rates. In her Monetary Policy Report to Congress...