More room for RUB recovery

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...

Another key week for Greece

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,...

U.S. data dependency in full swing

Mar 30, 2015 00:52 am UTC| Commentary

With the Fed now fully in data dependent mode, market participants will have plenty to chew on during the upcoming week. The labour market likely continued its improvement with 272k jobs added in March, although the...

Investor sentiment in Tokyo is optimistic

Mar 30, 2015 00:50 am UTC| Commentary

Japanese investors are bullish on Japan Local optimism is being expressed through equities, not FX Institutional and retail positions in USD-JPY have been significantly reduced Japanese investors and corporates continue...