Feb 18, 2015 07:41 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -USD/JPY: 118.88 - 119.35 overnight range. Spot holds above 50d ma support of 118.72 in Asia after expected BoJ no change decision. Large option expiries at 119.0 and...
Feb 18, 2015 07:41 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -EUR/USD: 1.1398 - 1.1416 overnight range. Spot locked in a 18pip range in Asia due to Lunar New Year holidays. Beware of profit taking on FOMC minutes and wider US/EU 2y...
PBoC to cut reserve requirement by 50bp in March: Danske Bank
Feb 18, 2015 07:40 am UTC| Commentary
Quotes from Danske Bank: -Looking ahead, we expect PBoC to cut the reserve requirement by 50bp in March, but we do not expect PBoC to cut the leading interest rates again. -The recent capital outflow and the PBoCs...
Feb 18, 2015 07:38 am UTC| Commentary
Quotes from Danske Bank: -Despite the continued depreciation of the Brazilian real (BRL) it is not substantially undervalued, particularly in the light of the sharp decline in commodity prices. We remain bearish on the...
Feb 18, 2015 07:36 am UTC| Commentary
Quotes from Danske Bank: -Given South Africas external imbalances, the rand remains highly exposed to swings in risk sentiment. We are slightly positive on the ZAR in the short term, with commodity prices potentially...
SARB to stay on hold for some time: Danske Bank
Feb 18, 2015 07:31 am UTC| Commentary
Quotes from Danske Bank: -At the monetary policy meeting in January, the SARB kept its repo rate unchanged at 5.75%. During 2014 the SARB emphasised that South Africa was in the process of interest rate normalisation...
Feb 18, 2015 07:29 am UTC| Commentary
Quotes from Danske Bank: -Improving macro fundamentals have created solid upside for the lira in early 2015, which has already been seen in better industrial production numbers and real sector confidence. -However, the...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight